Service Details

Form 15CA

What Is Form 15CA?

Form 15CA is a declaration submitted online by a person making a payment to a non-resident or foreign company. It helps the Income Tax Department monitor foreign remittances and applicable tax compliance under the Income Tax Act.

Who Needs Form 15CA?

• Individuals and businesses making payments to non-residents or foreign companies.
• Indian companies making overseas payments for services, consultancy, royalties or other purposes.
• Importers and businesses making eligible payments to overseas suppliers.
• Individuals making foreign remittances where Form 15CA is required under applicable tax rules.

Types of Form 15CA

• Part A: Generally applicable when the aggregate taxable remittance during the financial year does not exceed ₹5 lakh.
• Part B: Applicable in specified cases where an order or certificate under Section 195(2), 195(3) or 197 has been obtained.
• Part C: Applicable when the taxable remittance exceeds ₹5 lakh and a CA certificate in Form 15CB has been obtained, where required.
• Part D: Generally applicable to remittances that are not chargeable to tax under the Income Tax Act, subject to the prescribed rules and exceptions.

Form 15CB

What Is Form 15CB?

Form 15CB is a certificate issued by a practising Chartered Accountant, where required, to examine the taxability of a foreign remittance and determine relevant tax details, including the applicable tax rate, withholding tax and Double Taxation Avoidance Agreement (DTAA) provisions, where applicable.

When Is Form 15CB Required?

• Generally, where the remittance is chargeable to tax, the aggregate taxable remittance during the financial year exceeds ₹5 lakh, and no applicable order or certificate under the specified provisions removes the requirement.
• When certification is required to support the filing of Form 15CA, Part C.
• For eligible foreign payments requiring a CA's review of taxability and applicable withholding obligations.

Who Is Eligible for Form 15CA & Form 15CB?

• Indian individuals making applicable payments to non-residents or foreign companies.
• Proprietorships, partnership firms, LLPs and companies making overseas business payments.
• Businesses paying foreign vendors, consultants, service providers or overseas contractors.
• Individuals or entities making payments towards royalties, technical services, interest or other foreign transactions.
• Taxpayers who need to report foreign remittances and comply with applicable tax withholding requirements.

Important Note

• Form 15CA should generally be submitted before making the applicable foreign remittance.
• Form 15CB is a Chartered Accountant's certificate and is not mandatory for every foreign remittance.
• The requirement depends on the amount, taxability, nature of payment and applicable exemptions or exclusions.
• Foreign remittances exceeding ₹5 lakh in aggregate during the financial year may require Form 15CB in specified cases.
• The applicable TDS rate depends on the nature of payment, relevant tax provisions and any applicable Double Taxation Avoidance Agreement (DTAA).
• Bank processing and remittance approval are subject to the authorised dealer bank's requirements and applicable regulations.

Benefits

• Helps businesses comply with applicable foreign remittance tax requirements.
• Supports assessment of taxability and applicable TDS obligations.
• Helps reduce errors in foreign payment documentation.
• Supports compliance with applicable income tax and international tax treaty provisions.
• Provides the required declarations and CA certification, where applicable.
• Helps facilitate foreign remittance processing through the authorised dealer bank.
  

Package Includes:

• Foreign Remittance and Payment Details Review
• Review of Invoice, Agreement and Supporting Documents
• Assessment of Taxability and Applicable TDS Requirements
• Form 15CA Part Selection and Filing Assistance, where applicable
• Coordination with a Practising Chartered Accountant for Form 15CB, where required
• Review of Applicable DTAA Benefits and Tax Withholding
• Online Filing and Acknowledgement Assistance
• Dedicated Relationship Executive Support

Additional Services

• TDS Calculation and Foreign Remittance Tax Consultation
• DTAA Applicability and Tax Treaty Documentation Assistance
• Tax Residency Certificate (TRC) and Form 10F Documentation Assistance
• Assistance with Lower or Nil TDS Certificate Applications, where eligible
• Foreign Remittance Documentation and Bank Compliance Support
• Income Tax Notice and Foreign Payment Compliance Assistance
• Other International Tax Compliance Services, subject to eligibility

Approximate Time Duration : 1 to 3 Working Days

Processing time depends on document availability, CA review, tax complexity and applicable bank requirements.

Price Covers -Service + executive + admin + support: – end-to-end assistance including documentation, online uploads, portal management, expert consultation, printing and support from a dedicated relationship executive.

Note: Our service charges may vary depending on the specific requirements of each client. Prices are determined individually for every service based on scope, complexity, and customization needs. A detailed quotation will be provided after understanding your exact requirements.

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