As per the Income-Tax (Seventh Amendment) Rules, 2009 (insertion of Rule 37BB vide Notification No. 30/2009 [F. No. 14/19/2007-TPL]/S.O. 857 (E), Dated 25-03-2009) Form 15CA is to be submitted electronically by any person responsible for making payment to a non-resident, not being a company, or to a foreign company after obtaining a certificate from an accountant as per Explanation in section 288 of the Income tax Act.1961.
The remitter is required to provide details of foreign remittance separately in the online form at TIN website as below:
- Remitter details
- Recipient of remittance details
- Accountant details
- Remittance details
The remitter can furnish information of foreign remittance for single as well as multiple transactions. The guidelines for filling Form 15CA are as follows: