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Personalized Guidance from Industry Experts
When is 15ca-15cb required to be filed?
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A person making the remittance (a payment) to a Non Resident or a Foreign Company has to submit the form 15CA to the bank and a Certificate from Chartered Accountant in form 15CB is required after uploading the form 15CA online in some cases where TDS is required to be deduct.
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Penalties for Non-filing of 15ca-15cb
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Penalty of Rs. 1 lakh for each default of non-filing for forms 15CA/CB will be applicable.
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Withdrawal of Form 15CA
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Form 15CA can be withdrawn within 3 days of submission of the online form.
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