Form 15CA is a Tool for collecting data in respect of payments which
are subjected to tax in the hands of recipient non-resident. Form 15CA is
a Declaration of Remitter.
This form is only to be filled if a non-resident is liable to pay income tax
on his financial transaction in India and to be filled up if the remittance
is chargeable to tax and does not exceed fifty thousand rupees and the
aggregate of such remittances made during the financial year does not
exceed two lakh fifty thousand rupees.
15CB certificate is an alternative of obtaining Tax clearance apart from
Certificate from Assessing Officer.
Chargeability can be ascertained and certified by obtaining the
Certificate from a Chartered Accountant in Form no. 15CB. This
certificate has been prescribed under Section 195(6) of the Income tax
Act and is an alternative of obtaining Tax clearance apart from
Certificate from Assessing Officer.