A person making a remittance (a payment) to a non-resident or a foreign company has to submit Form 15CA. This form is submitted online to the income tax department. Where payment to be made exceeds ...
One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26. The new form reportedly contains 55 segment-wise clauses, ...
Knowledge regarding the 15CA-15CB forms is very important in the field of international business transactions in India. The 15CA-15CB forms are used to record important financial information. They ...
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Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Lea Uradu, J.D., is a Maryland state registered tax ...
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The I-T department issued a circular allowing manual filing of Form 15CA/15CB (required for foreign remittances) with banks till June 30, so that business transactions may go on. The forms will be ...