(Q1.) What is Form-15E?
- An application by a person for a certificate under section 195(2) and 195(7) of Income-tax Act,1961 for determination of appropriate proportion of sum (other than salary) payable to non-resident, chargeable to tax in case of the recipient.
(Q2.) Where can a deductor apply for NIL/Lower deduction certificate u/s-195(2)?
- A Registered Deductor can apply for NIL/Lower deduction certificate u/s 195(2 by submitting the application through "Request for Form-15E covered U/S 195(2)" option available under "Forms" menu.
Note: Request submitted by Deductor, will be sent to A.O for approval. Once the request is approved, the certificate will be generated and made available for download on TRACES website. (Q3.) Can I submit Request for Form-15E covered U/S'195(2), if my TAN is "Inactive"?
- No, an applicant can't raise the request for Form-15E covered U/S-195(2), if TAN is inactive.
Note: If applicant TAN is active at the time of raising request but becomes inactive after submission of the request, then that request will be rejected. (Q4.) Can a Deductor raise Request for Form-15E covered U/S-195(2) for any financial year?
- No, the request can only be raised for current financial year.
(Q5.) Is Digital Signature Mandatory to submit Request for Form-15E covered U/S-195(2)?
- Yes, DSC of authorized person should be registered on TRACES website. However, if the user is coming through Bank Website then I-PIN window will open and DSC will not be required.
(Q6.) Which Assessing officer will be assigned in Request for Form-15E covered U/S-195(2)?
- Request will be assigned to Assessing Officer (International Taxation) of the TAN.
(Q7.) Can I cancel the Request for Form-15E covered U/S-195(2)?
- User (Deductor) can cancel the request only if the status shows, "In Progress", "Submitted" and "Clarification required by AO".
(Q8.) What are the conditions to upload files in Request for Form-15E covered U/S-195(2)?
- The conditions to upload files in Form-15E covered U/S-195(2) request are as follows:
1. Upload Password and Virus free file.
2. The file format should be TIFF, PDF, ZIP & JPEG.
3. Files with same name and format cannot be uploaded.
4. Size of file should not be larger than 5MB. (Q9.) What are the possible requested statuses of Request for Form-15E covered U/S-195(2)? - Possible requested statuses of Request for Form-15E covered U/S-195(2) are as follows
| Status | Description |
| In Progress | In Progress Request for Form-15E covered U/S-195(2) is 'In Progress', user need to click on status 'In Progress' to start work. |
| Submitted | Status will be 'Submitted' after final submission of Form-15E. |
| Pending for A.O Assignment | Status will be shown 'Pending for Assessing Officer Assignment' till the request is assigned to Assessing Officer |
| Pending with A.O | Request will be 'Pending with Assessing Officer' for approval. |
| Clarification Sought by A.O | Status will be 'Clarification Sought by Assessing Officer',if AO wants some clarification from the user. |
| Approved | Status will be 'Approved' if Assessing Officer has approved the request of Form'15E and 195(2) certificate will be available for download. |
| Approved with Partial Rejection | Status will be 'Approved with Partial Rejection', if request is partially rejected for some transactions. For approved, 195(2) certificate will be available to download. |
| Cancelled | Status will be 'Cancelled' if request is cancelled by the user before approval. |
| Rejected | Status will be 'Rejected' if request is rejected by Assessing Officer or TDS CPC. |
| Under Withdrawal Process | Status will be 'Under Withdrawal Process' if request is under withdrawal process and status will be updated after sometime. |
| Withdrawal Cancelled | Status will be 'Withdrawal Cancelled' if request is under certificate generation then withdrawal will be rejected. |
| Withdrawn | Status will be 'Withdrawn' if withdrawn request is accepted by A.O |
(Q10.) Can I withdraw the Request for Form-15E covered U/S-195(2)?
- Deductor can withdraw the Request for Form-15E covered U/S 195(2), if the status is "Pending with A.O." or "Clarification Sought by A.O".
(Q11.) Can a Deductor raise more than one original Request for Form'15E covered U/S-195(2)?
- Yes, Deductor can raise more than one original Request for Form-15E covered U/S 195(2), if the status of the previous request is "Submitted".
(Q12.) How to track the status of Request for Form-15E covered U/S-195(2)?
- Deductor can track the status of requested Form-15E from "Track Request Form 15E covered U/S-195(2)" option available under "Forms" tab.
(Q13.) How can I download certificate u/s 195(2) at TRACES?
- Deductor needs to login at TRACES site to download certificate from "Download Certificate u/s 195(2)" option available under "Downloads" menu.
Note: Registered PAN holder can also download the certificate from their PAN login at TRACES website, through 'Download Certificate u/s 195(2)' option available under 'Downloads' menu. (Q14.) For which Nature of Remittance a Deductor can submit Request for Form'15E covered U/S-195(2) on TRACES website?
- Following are the Nature of Remittance for which Request for Form-15E covered U/S-195(2) can be submitted:
1. Royalty
2. Fees for technical Services.
3. Dividend
4. Interest
5. Business Income
6. Capital Gains
7. Any Other (Q15.) What are the files/ documents are required to be uploaded while submitting Request for Form'15E covered U/S'195(2) on TRACES website?
- Following documents are required to be uploaded:
1. Upload relevant documents such as contract for sale of goods/provisions for services (if any), computation of capital gains, share purchase agreement, bank payment, details of cost of acquisition, contract note (if any), share certificate (If any) etc.
2. Upload details of assessed/returned/estimated income of payee of last four previous years, if available.
3. Upload computation of estimated income chargeable to tax and tax liability.
4. Upload copy of Tax Residency Certificate and Form 10F (this upload is mandatory in case of selection as mentioned in annexure details.
5. Upload documents in support of claim of applicability of sections 194LB/194LBA/194LC/194LD
6. Upload Justification of Income Tax rate provided by own.
7. Upload any other document you wish to furnish in support of your claim. (Q16.) What to do if status of Form-15E is showing 'Clarification Sought by A.O'?
- User needs to click on hyperlink 'Clarification Sought by A.O' to provide clarification.
Note: It is mandatory to either enter comments or attach supporting documents. Upload the document in .tiff, .pdf, .zip, .JPEG formats only. Size of file should not be larger than 5MB. (Q17.) How can I get the Approved Certificates and the list of Nature of Remittance, rejected by A.O if the status is showing as 'Approved with Partial Rejection'?
- Click on hyperlink 'Approved with Partial Rejection'. A pop'up window will be open with two hyper links:
1. Certificate available for downloading under downloads menu (Click on hyperlink, user will redirect to download certificate)
2. List of Nature of Remittance rejected by Assessing Officer (Click on hyperlink view rejected list of Nature of Remittance)
