If you are making a foreign remittance (sending money abroad) from India for business or personal purposes, it is important to comply with the rules of the Income Tax Act and FEMA. The forms 15CA and 15CB are required to ensure that taxes are paid before sending money outside India.
At India Accountant, we help you file Form 15CA & 15CB accurately and legally, avoiding penalties and ensuring smooth international transactions.
What is Form 15CA?
Form 15CA is a declaration of payment made to a non-resident, filed by the person making the remittance. It is submitted online on the Income Tax portal before the money is sent abroad.
What is Form 15CB?
Form 15CB is a certificate issued by a Chartered Accountant. It certifies that the details of the foreign remittance are correct and that appropriate taxes have been deducted (if applicable) under the Income Tax Act.
When Are These Forms Required?
- Form 15CA is required for most foreign remittances (except in exempt categories).
- Form 15CB is needed if the amount exceeds ₹5 lakh in a financial year and is taxable in India.
- For exempt or smaller remittances, only Form 15CA – Part A or B may be required.
Common Scenarios Requiring These Forms
- Payments for foreign services (software, consultancy, etc.)
- Sending commission or royalty abroad
- Transfer of funds for education, travel, or maintenance
- Purchase of property or investment outside India
Documents Required
- PAN of the remitter
- Invoice or agreement for the remittance
- Bank details and SWIFT code
- Purpose of remittance
- Details of the foreign beneficiary
- TAN (if TDS is applicable)
Why Choose India Accountant?
- Expert Chartered Accountant support
- Quick turnaround with online filing
- Correct classification of payments and tax compliance
- Guidance on FEMA and RBI regulations
- PAN India services
Contact Us for Form 15CA & 15CB Filing
Ensure legal and smooth foreign payments with expert CA assistance.
Email: info@indianaccountant.in
Website: indianaccountant.in
Phone: 917310106210
Let us handle your compliance, so you can handle your business globally.