TMI BlogIncome-tax (12th Amendment) Rules, 2013 - Furnishing of information by the person responsible for making payment to a non-resident, not being a company, or to a foreign companyX X X X Extracts X X X X X X X X Extracts X X X X ..... being a company, or to a foreign company (1) The person responsible for making any payment to a non-resident, not being a company, or to a foreign company shall furnish the following, namely: (i) the information in Part A of Form No.15CA , if the amount of payment does not exceed fifty thousand rupees and the aggregate of such payments made during the financial year does not exceed two lakh fifty thousand rupees; (ii) the information in Part B of Form No.15CA , if the payment is not chargeable to tax and is of the nature specified in column (3) of the specified list ; (iii) the information in Part C of Form No.15CA for payments other than the payments referred in clause (i) and clause (ii) after obtaining (a) a certificate in Form No. 15CB from an accountant as defined in the Explanation below sub-section (2) of section 288 ; or (b) a certificate from the Assessing Officer under section 197 ; or (c) an order from the Assessing Officer under sub-section (2) or sub-section (3) of section 195. (2) The information in Form No. 15CA shall be furnished by the person electronically to the website designated by the Income-tax Department and thereafter signed pri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 13 Payments on account of stevedoring, demurrage, port handling charges etc. 19 S0301 Remittance towards business travel. 20 S0302 Travel under basic travel quota (BTQ) 21 S0303 Travel for pilgrimage 22 S0304 Travel for medical treatment 23 S0305 Travel for education (including fees, hostel expenses etc.) 24 S0401 Postal services 25 S0501 Construction of projects abroad by Indian companies including import of goods at project site 26 S0601 Payments for life insurance premium 27 S0602 Freight insurance - relating to import and export of goods 28 S0603 Other general insurance premium 29 S1011 Payments for maintenance of offices abroad 30 S1201 Maintenance of Indian embassies abroad 31 S1202 Remittances by foreign embassies in India 32 S1301 Remittance by non-residents towards family maintenance and savings 33 S1302 Remittance towards personal gifts and d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... furnish brief reasons for believing so VERIFICATION I/We*, _________________ (full name in block letters), son/daughter of __________________ in the capacity of _________ (designation) solemnly declare that the information given above is true to the best of my knowledge and belief and no relevant information has been concealed. I/We* further undertake to submit the requisite documents for enabling the income-tax authorities to determine the nature and amount of income of the recipient of the above remittance as well as documents required for determining my liability under the Income-tax Act as a person responsible for deduction of tax at source. Place: Signature: Date: Designation: * Delete whichever is not applicable. 1. Mandatory if tax is deducted 2. Write 1 if company, write 2 if firm, write 3 if individual and write 4 if others. 3. If the remittance is chargeable to tax, non-furnishing of PAN shall attract the provisions of section 206AA 4. If available 5. If available Part B (To be filled up if the remittance is covered by the Specified List given in Explanation to rule 37BB and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r deduction of tax at source. Place: Signature: Date: Designation: * Delete whichever is not applicable. 1 Write 1 if company, write 2 if firm, write 3 if individual and write 4 if others. 2 If available. 3 If available. Part C (To be filed up if the remittance is chargeable to tax under the provision of Income tax Act, 1961 or the remittance is not covered by the Specified List given in Explanation to rule 37BB .) Section A GENERAL INFORMATION Name of the remitter REMITTER PAN of remitter Area Code AO Type Range Code AO No. Principal Place of Business TAN of remitter Complete address, email and phone number of the remitter Status" In case of company - If domestic, write '1' and if other than domestic, write '2' REMITTEE Name of recipient of remittance PAN of recipient of remittance"'. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... If income is chargeable to tax in India and any relief is claimed under DTAA- (i) whether tax residency certificate is obtained from the recipient of remittance (Tick) Yes No (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 for technical services, interest dividend, etc, (not connected with permanent establishment) please indicate:- (Tick) Yes No (a) Article of DTAA (b) Rate of TDS required to be deducted in terms of such article of the applicable DTAA As per DTAA (%) B. In case the remittance is on account of business income, please indicate:- (Tick) Yes No (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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing my/our liability under the Income-tax Act, 1961 as a person responsible for deduction of tax at source. 5. I/We* further declare that I/we* am/are* furnishing this information in my/our* capacity as and I/we* am/are* also competent to sign the return of income as per provisions of section 140 of the Income-tax Act, 1961 and verify it. Place: Signature: Date: Designation: * Delete whichever is not applicable. For Office Use only For Office Use Only Receipt No. Date Seal and Signature of receiving official i In case TAN is applied for, please furnish acknowledgement number of the application. ii Write 1 if company, Write 2 if firm, Write 3 if individual and Write 4 if others. iii In case of non-availability of PAN, provisions of section 206AA shall be applicable. iv Write 1 if company, Write 2 if firm, Write 3 if individual and Write 4 if others. v Accountant (other than an employee) shall have the same meaning as defined in the Explanation to Section 288 of Income-tax Act, 1961 . vi Please fill the serial number as mentioned in the certificate of the accountant. Form N ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (Tick) Yes No (a) Article of DTAA (b) Rate of TDS required to be deducted in terms of such article of the applicable DTAA As per DTAA (%) B. In case the remittance is on account of business income, please indicate:- (Tick) Yes No (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 gains, please indicate:- (Tick) Yes No (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-items A, B and C (Tick) Yes No (a) Please specify nature of remittance (b) Whether taxable in India as per DTAA (c) If yes, rate of TDS r ..... X X X X Extracts X X X X X X X X Extracts X X X X
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