Form 15CA/CB Filing Made Easy – Taxcellent Helps You Stay Compliant

Form 15CA/CB Filing are compliance documents required under the Indian Income Tax Act when making payments to a non-resident or a foreign company. They help the Indian government track foreign remittances and ensure that taxes are properly deducted at source (TDS) before sending money abroad.

Form 15CA – Declaration by the Remitter

This is a self-declaration by the person or entity making the foreign remittance.

Who files it: The remitter (individual/company making the payment).
Purpose: Declares whether the remittance is taxable in India and if tax was deducted.
Filed on: The Income Tax Department’s online portal.
When required: For most remittances outside India, whether taxable or not.

Parts of Form 15CA:

Part A: When remittance is < ₹5 lakh in a financial year and is not taxable.
Part B: When remittance is < ₹5 lakh and is taxable, and a certificate/order under section 195(2)/195(3)/197 is obtained.
Part C: When remittance is > ₹5 lakh and is taxable, Form 15CB from a CA is required.
Part D: When remittance is not taxable and is covered under Rule 37BB’s specified list of exemptions (like imports, travel, education abroad, etc.).

Form 15CB – Certificate by a Chartered Accountant (CA)

This is a certification from CA Services in Delhi regarding the taxability of the remittance.

Who files it: A Chartered Accountant, after analyzing the remittance.
Purpose: Certifies the nature of payment, applicable DTAA (Double Taxation Avoidance Agreement), TDS rate, etc.
Required for: Taxable foreign remittances exceeding ₹5 lakh in a financial year.
Filed before: Filing Part C of Form 15CA.

Summary Table

Feature	Form 15CA	Form 15CB
Filed by	Remitter (payer)	Chartered Accountant
Purpose	Declaration of remittance & TDS	Certification of taxability
Threshold	Mandatory for most remittances	Required if remittance > ₹5 lakh & taxable
Filing Mode	Online (Income Tax Portal)	Uploaded digitally by CA
Linked to	Based on Form 15CB for Part C	Precedes Form 15CA Part C filing

Exceptions (No 15CA/15CB needed)

No forms are needed for certain remittances listed under Rule 37BB, including:

Imports of goods
Travel expenses for individuals
Business travel
Education and medical treatment abroad
Salaries and pensions to NRIs in some cases

Please let us know if you need help with filing or a specific scenario (e.g., paying a freelancer abroad, sending money to a relative, etc.).

Taxcellent assists you in filing Form 15CA/CB as required by banks for making foreign remittances.