Amendment in rule 37BB - Furnishing of information for payment to a non-resident, not being a company, or to a foreign company - Income-tax Amendment (Twenty-fifth Amendment), Rules, 2023

Amendment in rule 37BB - Furnishing of information for payment to a non-resident, not being a company, or to a foreign company - Income-tax Amendment (Twenty-fifth Amendment), Rules, 2023 https://www.taxtmi.com/notifications?id=140948 A Unit of an International Financial Services Centre is brought within rule 37BB and must furnish a quarterly electronic statement in Form No. 15CD for remittances to non residents or foreign companies. Authorised dealers file Form No. 15CC; IFSC Units file Form No. 15CD. Statements must be submitted under digital signature to the Principal Director General of Income tax (Systems) or the Director General of Income tax (Systems) or their authorised person within fifteen days from quarter end, following procedures, formats and standards specified by the designated systems authority, which also administers furnishing and verification of Forms 15CA/15CB/15CC/15CD. en-us Mon, 16 Oct 2023 00:00:00 +0530 Tue, 28 Nov 2023 15:29:00 +0530 TaxTMI RSS Generator Amendment in rule 37BB - Furnishing of information for payment to a non-resident, not being a company, or to a foreign company - Income-tax Amendment (Twenty-fifth Amendment), Rules, 2023 https://www.taxtmi.com/notifications?id=140948 A Unit of an International Financial Services Centre is brought within rule 37BB and must furnish a quarterly electronic statement in Form No. 15CD for remittances to non residents or foreign companies. Authorised dealers file Form No. 15CC; IFSC Units file Form No. 15CD. Statements must be submitted under digital signature to the Principal Director General of Income tax (Systems) or the Director General of Income tax (Systems) or their authorised person within fifteen days from quarter end, following procedures, formats and standards specified by the designated systems authority, which also administers furnishing and verification of Forms 15CA/15CB/15CC/15CD. Notifications Income Tax Mon, 16 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=140948