15CA 15CB Certificate
This is a form required to report Income tax Department for making any remittance to a Non Residence or a foreign company.
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.
Penalties for Non-filing of 15ca-15cb
Penalty of Rs. 1 lakh for each default of non-filing for forms 15CA/CB will be applicable. An option for withdrawal of Form 15CA shall be available before payment. Form 15CA can be withdrawn within 7 days of submission of the online form.
Withdrawal of Form 15CA
An option for withdrawal of Form 15CA shall be available before payment. Form 15CA can be withdrawn within 7 days of submission of the online form.
Income Tax Efiling Credentials
Filing of 15CA and 15CB
Submission to bank