Form 15CA Form 15CA is a declaration form require by the Indian government for certain types of international transactions involving the transfer of money to non-resident individuals or entities. Here’s an explanation of Form 15CA: 1. Purpose: This is used to provide information about the remittance being made to a non-resident or foreign entity. It… Read More »
Add Form 15CA and 15CB To add Form 15CA details for Form 15CB, you can follow these steps: 1. Obtain Form 15CB: First, ensure that you have the completed Form 15CB. This form is issue by a Chartered Accountant (CA) and certifies that the remittance is in compliance with the provisions of the Income… Read More »
User Intent Users searching for Form 15CB are likely looking for an in-depth understanding of its purpose, application, and benefits. They might be tax payers, accountants, or business owners dealing with foreign remittances who need to know when and how to use this form. This article provides a step-by-step explanation to help them… Read More »
15CA definition Form 15CA is a declaration form required by the Indian government for certain remittances made by residents of India to non-residents. It is used to ensure that appropriate taxes deduct and pay to the government before the funds are transferred abroad. 15CA definition When an Indian resident makes a remittance to a… Read More »
Is money transfer taxable in India Not all payment or transfer of money is taxable within India. The taxability of payment or transfer of money depends on the nature and purpose of the payment. For instance, if an individual receives salary income, then it is taxable under the head ‘salary’ and the employer is required… Read More »