TaxTMI 
TaxTMI 
Income-tax (12th Amendment) Rules, 2013 - Furnishing of information by the person responsible for making payment to a non-resident, not being a company, or to a foreign company
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....on responsible for making any payment to a non-resident, not being a company, or to a foreign company shall furnish the following, namely:-- (i) the information in Part A of Form No.15CA, if the amount of payment does not exceed fifty thousand rupees and the aggregate of such payments made during the financial year does not exceed two lakh fifty thousand rupees; (ii) the information in Part B of Form No.15CA , if the payment is not chargeable to tax and is of the nature specified in column (3) of the specified list ; (iii) the information in Part C of Form No.15CA for payments other than the payments referred in clause (i) and clause (ii) after obtaining-- (a) a certificate in Form No. 15CB from an accountant as defined in the Explanation below sub-section (2) of section 288; or (b) a certificate from the Assessing Officer under section 197; or (c) an order from the Assessing Officer under sub-section (2) or sub-section (3) of section 195. (2) The information in Form No. 15CA shall be furnished by the person electronically to the website designated by the Income-tax Department and thereafter signed printout of the said form shall be submitted to the authorised dealer, prior ....
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....ayments for life insurance premium 27 S0602 Freight insurance - relating to import and export of goods 28 S0603 Other general insurance premium 29 S1011 Payments for maintenance of offices abroad 30 S1201 Maintenance of Indian embassies abroad 31 S1202 Remittances by foreign embassies in India 32 S1301 Remittance by non-residents towards family maintenance and savings 33 S1302 Remittance towards personal gifts and donations 34 S1303 Remittance towards donations to religious and charitable institutions abroad 35 S1304 Remittance towards grants and donations to other governments and charitable institutions established by the governments. 36 S1305 Contributions or donations by the Government to international institutions 37 S1306 Remittance towards payment or refund of taxes. 38 S1501 Refunds or rebates or reduction in invoice value on account of exports 39 S1503 Payments by residents for international bidding". 3. In the said rules, in Appendix-II, for Form No.15CA and Form No.15CB, the following Forms shall be substituted, namely:- Income-Tax Department "FORM NO.15CA (See rule 37BB) Information to be furnished for payments to a non-residen....
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....itter (if available) Complete address, email and phone number of the remitter Status of remitter1 REMITTEE Name of recipient of remittance PAN of the recipient of remittance, if available Complete address, email2 and phone number3 of the recipient of remittance Country to which remittance is made Country of which the recipient of remittance is resident, if available REMITTANCE Name of the bank Name of the branch of the bank BSR code of the bank branch (7 digit) Proposed date of remittance (DD/MM/YYYY) Nature of remittance Please furnish the relevant code of the specified List mentioned below rule 37BB, under which the remittance is covered 2. I certify that I have reason to believe that the remittance as above is not chargeable under the provision of Income-tax Act 1961 and is not liable for deduction of tax at source and therefore, does not require a certificate from an Accountant in form 15CB. VERIFICATION I/We*, ____________________ (full name in block letters), son/daughter of ___________________ in the capacity of _____________________ (designation) solemnly declare that the information given above is true to the best of my/our* knowledge and belief and no r....
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.... to which remittance is made Country: Currency: 2. Amount payable In foreign currency: In Indian Rs. 3. Name of the Bank Branch of the Bank 4. BSR Code of the bank branch (7 digit) 5. Proposed date of remittance (DD/MM/YYYY) 6. Nature of remittance as per agreement/document 7. In case the remittance is net of taxes, whether tax payable has been grossed up? (Tick) Yes No I.T. ACT 8. Taxability under the provisions of the Income-tax Act (without considering DTAA) (i) is remittance chargeable to tax in India (Tick) Yes No (ii) if not reasons thereof (iii) if yes, (a) the relevant section of the Act under which the remittance is covered (b) the amount of income chargeable to tax (c) the tax liability (d) basis of determining taxable income and tax liability DTAA 9. If income is chargeable to tax in India and any relief is claimed under DTAA- (i) whether tax residency certificate is obtained from the recipient of remittance (Tick) Yes No (ii) please specify relevant DTAA (ii) please specify relevant article of DTAA Nature of payment as per DTAA (iii) taxable income as per DTAA In Indian Rs. (iv) tax liability as per DTAA In Indian Rs. A. If the....
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....o the provisions of penalty for the said default as per the provisions of the Income-tax Act, 1961. 4. I/We* further undertake to submit the requisite documents for enabling the Income-tax Authorities to determine the nature and amount of income of the recipient of the above remittance as well as documents required for determining my/our liability under the Income-tax Act, 1961 as a person responsible for deduction of tax at source. 5. I/We* further declare that I/we* am/are* furnishing this information in my/our* capacity as and I/we* am/are* also competent to sign the return of income as per provisions of section 140 of the Income-tax Act, 1961 and verify it. Place: Signature: Date: Designation: * Delete whichever is not applicable. For Office Use only For Office Use Only Receipt No. Date Seal and Signature of receiving official i In case TAN is applied for, please furnish acknowledgement number of the application. ii Write 1 if company, Write 2 if firm, Write 3 if individual and Write 4 if others. iii In case of non-availability of PAN, provisions of section 206AA shall be applicable. iv Write 1 if company, Write 2 if firm, Write 3 if individual and Write 4 if ot....