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    Form No. 15CB: B 1. Country To Which Remittance Is Made

    Uploaded by

    Daman Gill
    This document is a certificate from an accountant examining an agreement for remittance between a remitter and beneficiary. The certificate provides details on the beneficiary, amount, bank, nature of payment, and tax treatment including whether the payment is taxable in India and if any tax treaty relief applies. It also specifies the amount of tax to be deducted at source according to the relevant income tax act or double taxation avoidance agreement.

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    Form No. 15CB: B 1. Country To Which Remittance Is Made

    Uploaded by

    Daman Gill
    21 views3 pages
    This document is a certificate from an accountant examining an agreement for remittance between a remitter and beneficiary. The certificate provides details on the beneficiary, amount, bank, nature of payment, and tax treatment including whether the payment is taxable in India and if any tax treaty relief applies. It also specifies the amount of tax to be deducted at source according to the relevant income tax act or double taxation avoidance agreement.

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    foreign document

    Original Title

    15cb

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    This document is a certificate from an accountant examining an agreement for remittance between a remitter and beneficiary. The certificate provides details on the beneficiary, amount, bank, nature of payment, and tax treatment including whether the payment is taxable in India and if any tax treaty relief applies. It also specifies the amount of tax to be deducted at source according to the relevant income tax act or double taxation avoidance agreement.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    21 views3 pages

    Form No. 15CB: B 1. Country To Which Remittance Is Made

    Uploaded by

    Daman Gill
    This document is a certificate from an accountant examining an agreement for remittance between a remitter and beneficiary. The certificate provides details on the beneficiary, amount, bank, nature of payment, and tax treatment including whether the payment is taxable in India and if any tax treaty relief applies. It also specifies the amount of tax to be deducted at source according to the relevant income tax act or double taxation avoidance agreement.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Form No.

    15CB
    (See rule 37BB)
    Certificate of an accountant1
    I/We* have examined the agreement (wherever applicable) between Mr./Ms./M/s*……………………….
    (Remitters) and Mr./Ms./M/s*…………………………………. (Beneficiary) requiring the above
    remittance as well as the relevant documents and books of account required for ascertaining the nature of
    remittance and for determining the rate of deduction of tax at source as per provisions of Chapter- XVII-B.
    We hereby certify the following :-
    A Name and address of the beneficiary of the remittance
    B 1. Country 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 (Tick) Yes No
    payable has been grossed up?
    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
    9. If income is chargeable to tax in India and any relief
    is claimed under DTAA-(i) whether tax residency (Tick) Yes No
    certificate is obtained from the recipient of
    remittance
    (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 remittance is for royalties, fee (Tick) Yes No
    for technical services, interest, dividend, etc,(not
    connected with permanent establishment) please
    indicate:-
    (a) Article of DTAA
    (b) Rate of TDS required to be deducted in terms of As per DTAA (%)
    such article of the applicable DTAA ……………..……………..
    B. In case the remittance is on account of business (Tick) Yes No
    income, please indicate:-
    (a) Whether such income is liable to tax in India (Tick) Yes No
    (b) If so, the basis of arriving at the rate of deduction
    of tax.
    (c) If not, please furnish brief reasons thereof,
    specifying relevant article of DTAA
    C. In case the remittance is on account of capital (Tick) Yes No
    gains, please indicate:-
    (a) amount of long term capital gains
    (b) amount of short-term capital gains
    (c) basis of arriving at taxable income
    D. In case of other remittance not covered by sub- (Tick) Yes No
    items A, B and C
    (a) Please specify nature of remittance
    (b) Whether taxable in India as per DTAA
    (c) If yes, rate of TDS required to be deducted in
    terms of such article of the applicable DTAA
    (d) if not , please furnish brief reasons thereof,
    specifying relevant article of DTAA
    10 Amount of TDS In foreign currency
    In Indian Rs.
    11 Rate of TDS As per Income-tax Act (%) or
    As per DTAA (%)

    12 Actual amount of remittance after TDS In foreign currency


    13 Date of deduction of tax at source, if
    (DD/MM/YYYY)
    Certificate No.2

    Signature : ………………………..…….…….…….….
    Name: ………………………..…….…….…….…….…
    Name of the proprietorship/ firm: …….…….…….……
    Address: ………………………..………………………
    Registration No.: ………………………..…….…….….

    1. To be signed and verified by an accountant (other than employee) as defined in the Explanation below
    sub-section (2) of section 288 of the Income-tax Act,1961.
    2. Certificate number is an internal number to be given by the Accountant. * Delete whichever is not
    applicable.

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