Mandatory certificates for foreign remittances above ₹5 lakh

Form 15CA / 15CB

Sending money abroad for education, investment, travel, or business? Form 15CA and CA certificate Form 15CB are mandatory for remittances above ₹5 lakh to ensure TDS compliance.

What is Form 15CA / 15CB?

Form 15CA is a declaration of foreign remittance submitted by the remitter on the income tax portal. Form 15CB is a certificate from a Chartered Accountant certifying the nature of the remittance and applicable tax. Banks require these documents before processing international transfers.

What you get

  • Form 15CB certification by our CA
  • Form 15CA preparation and filing on IT portal
  • Acknowledgement and certificate
  • DTAA benefit analysis (if applicable)
  • TDS computation on foreign payment
  • Bank submission-ready documentation

Documents required

  • PAN of remitter
  • Invoice or agreement supporting the remittance
  • Bank account details (remitter and recipient)
  • Nature and purpose of remittance
  • Tax Residency Certificate of recipient (for DTAA)
  • Form 10F from recipient (for DTAA benefit)

How it works

1

Document Review

We review the remittance purpose and determine applicable tax provisions.

2

Form 15CB

CA certifies the nature and taxability of the remittance.

3

Form 15CA Filing

Form 15CA filed on income tax portal with CA certificate.

4

Document Delivery

Complete set of documents provided for bank submission.

Pricing on Request

Every situation is different — get a custom quote tailored to your exact needs.

Frequently asked questions

When is Form 15CA/15CB required?

Required for remittances that are taxable in India under the IT Act and are not covered by any specific exemption. Remittances for trade (imports) are generally exempt.

What if I remit without Form 15CA?

Banks are required to collect Form 15CA before processing the remittance. Non-compliance can result in penalties under Section 271-I of up to ₹1 lakh per default.

Is DTAA applicable to all foreign payments?

India has Double Taxation Avoidance Agreements with 90+ countries. If the recipient is a resident of a treaty country, reduced or zero withholding tax rates may apply with proper documentation.

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