Introduction to Form 15CA(Form 145)/15CB(Form 146)
A Person Responsible For Making a Payment to a non-resident or to a foreign company has to comply with form 15CA(Form 145) & 15CB(Form 146)provisions
Form15CA(Form 145) is a Declaration given by Remitter and is used as a tool by statutory authorities for collecting information in respect of payments which are chargeable to tax in the hands of recipient non-resident.
Form15CB(Form 146)- The person making the payment needs to obtain a certificate from a Chartered Accountant in Form (Form 145)CB.
Form15CB(Form 146)is the Tax Determination Certificate where the issuer CA examines the remittance having regard to chargeability provisionsu/s 5 and 9 of Income tax Act along with provisions of Double tax Avoidance Agreements with the Recipient's Residence Country.
