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TMI BlogIncome-tax (Seventh Amendment) Rules, 2009 -Insertion of rule 37 BB - And prescribing forms 15CA and 15CB "Furnishing of information under sub-section (6) of section 195".X X X X Extracts X X X X X X X X Extracts X X X X ..... ollowing rules further to amend the Income-tax Rules, 1962, namely:- 1. (1) These rules may be called the Income-tax (Seventh Amendment) Rules. 2009. (2) They shall come into force with effect from 1st July 2009. 2. In the Income-tax Rules. 1962. after rule 37BA, the following rule shall be inserted, namely:- "Furnishing of information under sub-section (6) of section 195. 37BB. (1) The information under sub-section (6) of section 195 shall be furnished by the person responsible for making the payment to a non-resident, not being a company, or to a foreign company. after obtaining a certificate from an accountant as defined in the Explanation to section 288 of the Income-tax Act, 1961. (2) The information to be furnished under sub-se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ck No. Name of Premises/Building/Village TAN of Remitter Road/Street/Post Office Area/Locality Status- Write 1 if company, Write 2 if firm, and write 3 if others In case of company-If domestic, write '1' and if other than domestic, write '2' Town/City/District State Pin code Principal Place of Business Email Address (STD code)-Phone Number ( ) Area Code AO Type Range Code AO No INFORMATION : RECIPIENT OF REMITTANCE Name of recipient of Remittance PAN of recipient of Remittance Complete Address: Country to which remittance is made : Status- Write 1 if company, write 2 if firm, and write 3 if others Principal Place of Business In case of company- If domestic, write '1' and if other than domestic, write '2' Email Ad ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dicate:- (Tick) Ö Yes No (a) The clause of the relevant DTAA under which the remittance is covered along with reasons Clause of DTAA (b) Rate of TDS required to be deducted in terms of such clause of the applicable DTAA As per DTAA (%) (c) In case TDS is made at a lower rate than the rate prescribed under DTAA, reasons thereof 13. In case remittance is for supply of articles or things (e.g. plant, machinery, equipment etc.), please indicate, (Tick) Ö Yes No (a) Whether the recipient of remittance has any permanent establishment (PE) in India through which the beneficiary of the remittance is directly or indirectly carrying on such activity of supply of articles or things? (Tick) Ö Yes No (b) Whether such remittance is attributab ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... remittance has not been deducted or after deduction has not been paid or not paid in full. I/we undertake to pay the amount of tax not deducted or not paid, as the case may be along with interest due. I/We shall also be subject to the provisions of penalty for the said default as per the provisions of the IT Act, 1961. 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/our liability under the Income-tax Act as a person responsible for deduction of tax at source. I/We further declare that I/we am/are furnishing this information in my/our capacity as _____________ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd, etc, please indicate:- (Tick)Ö Yes No (a) The clause of the relevant DTAA under which the remittance is covered along with reasons Clause of DTAA (b) Rate of TDS required to be deducted in terms of such clause of the applicable DTAA As per DTAA (%) (c) In case TDS is made at a lower rate than the rate prescribed under DTAA, reasons thereof 13. In case remittance is for supply of articles or things (e.g. plant, machinery, equipment etc.), please indicate, (Tick)Ö Yes No (a) Whether the recipient of remittance has any permanent establishment (PE) in India through which the beneficiary of the remittance is directly or indirectly carrying on such activity of supply of articles or things? (Tick)Ö Yes No (b) Whether such remittanc ..... X X X X Extracts X X X X X X X X Extracts X X X X
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