Non-resident remittance reporting requires prescribed forms, electronic filing, specified exemptions, and quarterly reporting by dealers and IFSC units. For payments chargeable to tax, Form No. 145 must be furnished in Part A where aggregate payments during the tax year do not exceed Rs. 5 lakh; in Part B ... Summary
Non-resident remittance reporting requires prescribed forms, electronic filing, specified exemptions, and quarterly reporting by dealers and IFSC units.
For payments chargeable to tax, Form No. 145 must be furnished in Part A where aggregate payments during the tax year do not exceed Rs. 5 lakh; in Part B where payments exceed that threshold and an Assessing Officer's certificate or order is obtained; or in Part C where payments exceed the threshold and an accountant's certificate in Form No. 146 is obtained. Non-chargeable payments require disclosure in Part D, subject to specified exemptions. Authorised dealers and eligible IFSC Units must furnish quarterly remittance statements within 15 days after the relevant quarter.
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