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Form 15CA – 15CB Filing Services (Foreign Remittance Compliance)

  • Mandatory RBI–Income Tax compliance for foreign remittances1
  • Prevents bank remittance blocks or delays
  • Ensures correct TDS deduction on foreign payments
  • Reduces risk of penalties and scrutiny notices
  • CA-certified compliance for complex transactions
  • Applicable to both businesses and individuals
  • Essential for smooth outward remittance processing

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7 Years

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3622 +

Cases Solved

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10 +

Awards Gained

Trusted Clients Icon

144 k +

Trusted Clients

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36 k+

Queries Solved

Experience Icon

7 Years

Of Experience

Cases Solved Icon

3622 +

Cases Solved

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10 +

Awards Gained

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144 k +

Trusted Clients

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36 k+

Queries Solved

Overview

Form 15CA and Form 15CB filing is required under Indian income-tax regulations before
making payments to non-residents or foreign companies. These forms ensure that
applicable taxes are correctly deducted and reported before funds are remitted outside
India.
  • Form 15CA is a declaration by the remitter
  • Form 15CB is a CA certificate confirming taxability and TDS compliance
Banks are legally prohibited from processing foreign remittances without the correct
15CA/15CB combination, where applicable.
This compliance is monitored by the Income Tax Department in coordination with
authorised dealer (AD) banks under RBI regulations.

When Is 15CA – 15CB Required?

You must comply with Form 15CA / 15CB if you are making any payment to a nonresident, including:
  • Professional or consultancy fees
  • Software or SaaS payments
  • Royalty or licensing fees
  • Interest or commission
  • Import of services
  • Reimbursement of expenses (in many cases)
  • Payments under foreign contracts or agreements
The obligation applies irrespective of payment amount, subject to category and
taxability.

What Is Form 15CB?

Form 15CB is a Chartered Accountant’s certificate that confirms:
  • Nature of remittance
  • Taxability under the Income-tax Act
  • DTAA applicability (if any)
  • Applicable TDS rate
  • Compliance with Section 195
Banks rely on Form 15CB to process taxable foreign remittances.

DTAA and TDS Implications

If a Double Taxation Avoidance Agreement (DTAA) exists:
  • TDS may be reduced or eliminated
  • Tax Residency Certificate (TRC) and Form 10F are required
  • Incorrect DTAA application can trigger penalties
DTAA analysis is a core risk area in 15CA–15CB compliance.

Documents Required for 15CA – 15CB Filing

To complete filing smoothly, the following are required:
Documents
  • 1 PAN of remitter
  • 2 TAN (if TDS applicable)
  • 3 Remitter’s bank details
  • 4 Invoice / agreement with non-resident
  • 5 Nature and purpose of remittance
  • 6 Country of recipient
  • 7 Tax Residency Certificate (TRC), if DTAA claimed
  • 8 Form 10F (if required)
  • 9 Previous remittance details (if any)

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Comparison

Parameters Parts When Applicable
Part A Remittance ≤ ₹5 lakh in a financial year
Part B Remittance taxable and Form 15CB required
Part C Remittance taxable, covered under lower/nil TDS certificate
Part D Remittance not taxable in India (as per Act/DTAA)

Penalties and Consequences

Non-compliance or incorrect filing may result in:

Penalty under Section 271-I (up to ₹1 lakh)
Interest and penalty for short or non-deduction of TDS
Blocking of foreign remittances
Scrutiny of international transactions
Disallowance of expenses in business cases

How We Work

Step 01

Transaction & Taxability Assessment

Step 02

Document and Data Collection

Step 03

DTAA & TDS Analysis

Step 04

15CB Certification & 15CA Filing

Step 05

Post-Filing & Bank Coordination

Common Errors and Mistakes

01

Wrong selection of 15CA part

02

Assuming reimbursement is always non-taxable

03

Ignoring DTAA requirements

04

Missing Form 15CB where required

05

Incorrect TDS rate application

06

Filing after remittance

Due Date and Filing Timeline

Forms must be filed before remittance is made
Banks will not process payments without acknowledgment
Any correction requires fresh filing

FAQs

Is 15CA required for all foreign payments?

No. It depends on amount and taxability, but many payments do require it.

Is Form 15CB always mandatory?
Can individuals also require 15CA/15CB?
Can banks reject remittance for wrong filing?
Is DTAA benefit automatic?

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What Our Clients Say

Discover what our satisfied clients have to say about their experience working with us

Sandeep Reddy
Founder, Retail Trading Business
" ARK Advisors made our audit process smooth and stress-free. Clear checklist, timely follow-ups, and very practical guidance. "
Anusha Sharma
Partner, Professional Services Firm
" Their team quickly identified compliance gaps and suggested actionable fixes. Reporting was crisp and easy for management to understand. "
Rohit Kulkarni
CFO, Manufacturing Unit
" We got strong process recommendations and control improvements. The audit insights genuinely helped us reduce leakage and improve discipline. "
Meghana Rao
Director, Startup
" Professional, responsive, and very transparent. They explained everything in simple terms and kept the entire process on schedule. "
Imran Khan
Owner, Hospitality Business
" The team ensured our documentation was audit-ready and supported us throughout. Great experience and strong attention to detail. "

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