TaxTMI 
TaxTMI 
Income-tax (14th Amendment) Rules, 2013 - Furnishing of information by the person responsible for making any payment including any interest or salary or any other sum chargeable to tax, to a non-resident, not being a company, or to a foreign company
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 1. (1) These rules may be called the Income-tax (14th Amendment) Rules, 2013. (2) They shall come into force on the 1st day of October, 2013. 2. In the Income-tax Rules, 1962 (hereafter referred to as the said rules), for rule 37BB, the following rule shall be substituted, namely:- "Furnishing of information by the person responsible for making any payment including any interest or salary or any other sum chargeable to tax, to a non-resident, not being a company, or to a foreign company 37BB. (1) Any person responsible for paying to a non-resident, not being a company, or to a foreign company, any interest or salary or any other sum chargeable to tax under the provisions of the Act, 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 For....
X X X X Extracts X X X X
X X X X Extracts X X X X
....0301 Remittance towards business travel. 11 S0302 Travel under basic travel quota (BTQ) 12 S0303 Travel for pilgrimage 13 S0304 Travel for medical treatment 14 S0305 Travel for education (including fees, hostel expenses etc.) 15 S0401 Postal services 16 S0501 Construction of projects abroad by Indian companies including import of goods at project site 17 S0602 Freight insurance - relating to import and export of goods 18 S1011 Payments for maintenance of offices abroad 19 S1201 Maintenance of Indian embassies abroad 20 S1202 Remittances by foreign embassies in India 21 S1301 Remittance by non-residents towards family maintenance and savings 22 S1302 Remittance towards personal gifts and donations 23 S1303 Remittance towards donations to religious and charitable institutions abroad 24 S1304 Remittance towards grants and donations to other governments and charitable institutions established by the governments. 25 S1305 Contributions or donations by the Government to international institutions 26 S1306 Remittance towards payment or refund....
X X X X Extracts X X X X
X X X X Extracts X X X X
....vailable 4. If available Part B (To be filled up if the remittance is chargeable to tax and exceeds fifty thousand rupees and the aggregate of such remittances made during the financial year exceeds two lakh fifty thousand rupees.) VERIFICATION 1. 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 relevant information has been concealed. 2. I/We* certify that a certificate has been obtained from an accountant, particulars of which are given in this Form, certifying the amount, nature and correctness of deduction of tax at source./I/We* certify that certificate/order under section 195(2)/195(3)/197 of the Income-tax Act, 1961, particulars of which are given in this Form*. 3. In case where it is found that the tax actually deductible on the amount of remittance has not been deducted or after deduction has not been paid or not paid in full, I/We* undertake to pay the amount of tax not deducted or not paid, as the case may be along with interest due. I/We* shal....
X X X X Extracts X X X X
X X X X Extracts X X X X
....lete address, email and phone number of the remitter Status" In case of company - If domestic, write 'l' and if other than domestic, write '2' REMITTEE Name of recipient of remittance PAN of recipient of remittance". Status" Address Country to which remittance is made: Principal place of business Email address (ISD code)-Phone Number ( ) ACCOUNTANT (a) Name of the Accountant" signing the certificate (b) Name of the proprietorship/firm of the accountant (c) Address (d) Registration no. of the accountant (e) Date of certificate (DD/MM/YYYY) Certificate No." A.O. ORDER (a) Whether any order/ certificate u/s 195(2)/ 195(3)/ 197 Income-tax Act has been obtained from the Assessing Officer. of (Tick) Yes No (b) Section under which order/certificate has been obtained (c) Name and designation of the Assessing Officer who issued the order/certificate (d) Date of order/certificate (e) Order/ certificate number of (Tick) Yes No Whether any order/ certificate u/s 195(2)/ 195(3)/ 197 Income-tax Act has been obtained from the Assessing Officer. Document 2 PARTICULARS OF REMITTANCE AND TDS ( as per certificate of the accountant....
X X X X Extracts X X X X
X X X X Extracts X X X X
....urrency 13 Date of deduction of tax at source, if any (DD/MM/YYYY) AND TDS ( as per certificate Country: Currency: Document 3 Form No. 15CB (See rule 37BB) Certificate of an accountant' betwe applicable) (wherever examined the agreement I/We* have and Mr./Ms./M/s* Mr./Ms./M/s* (Beneficiary) (Remitters) requiring the above remittance as well as the relevant documents and books of account requir for ascertaining the nature of remittance and for determining the rate of deduction of tax source as per provisions of Charter- XVII-B. We hereby certify the following :- Name and address of the beneficiary of the remittance 1. Country to which remittance is made Country: 2 Amount payable In foreign currency: 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 8. Taxability under the provision: of the Income-tax Act (without considering DTAA) (a) the relevant section of the Act under which the ....