Description

As per Section 195 of Income-tax Act, 1961, every person liable for making a payment to non-residents shall deduct TDS from the payments made to non-residents if such sum is chargeable to Income-tax accordingly TDS is required to be deducted at the time of payment and then form 15CA and 15CB are the declaration for the same.

Form 15CA and 15CB : Meaning , Required Documents,Procedure