Form 146 for foreign remittances: Who needs a CA certificate and how taxpayers can file it — step-by-step guide
· livemint.com
Form 146 is a CA-certified document for certain taxable foreign remittances. It helps determine the taxability and TDS applicable to overseas payments above the prescribed threshold. Here’s when it is required, who files it and how taxpayers can use it.
The Income Tax Department has announced a nationwide exercise to examine overseas remittances flagged as potentially suspicious.
The move has also drawn attent...