Form 15CA and Form 15CB are required when making payments to non-residents (foreign remittances) from India.
These forms ensure that:
Failure to comply may result in:
With Finance Saathi, you get complete assistance for 15CA & 15CB filing, ensuring smooth and compliant transactions.
| Form | Description |
|---|---|
| Form 15CA | Self-declaration for foreign remittance |
| Form 15CB | CA certificate for tax compliance |
| Situation | Requirement |
|---|---|
| Foreign remittance | Mandatory |
| Payment to non-resident | Required |
| Import of services | Applicable |
| Royalty / consultancy fees | Required |
| Business payments abroad | Mandatory |
| Case | Requirement |
|---|---|
| Taxable remittance | 15CB required |
| High-value transactions | Mandatory |
| Complex transactions | Required |
| Case | Requirement |
|---|---|
| Non-taxable remittance | Only 15CA |
| Small transactions | May not require 15CB |
| Specific exemptions | As per rules |
| Requirement | Details |
|---|---|
| PAN of Remitter | Mandatory |
| PAN of Recipient | If available |
| Remittance Details | Amount, purpose |
| Agreement / Invoice | Transaction proof |
| Bank Details | Payment information |
| Form 10F (if applicable) | For DTAA benefit |
| Step | Process | Timeline |
|---|---|---|
| 1 | Document collection | Same Day |
| 2 | Tax calculation | Same Day |
| 3 | CA certificate (15CB) | 1 Day |
| 4 | 15CA filing online | Same Day |
| 5 | Submission to bank | Same Day |
| Stage | Time |
|---|---|
| Preparation | Same Day |
| Filing | 1–2 Days |
| Part | Applicable Situation |
|---|---|
| Part A | Small remittance |
| Part B | Requires AO approval |
| Part C | With 15CB certificate |
| Part D | Non-taxable remittance |
| Issue | Penalty |
|---|---|
| Non-filing | ₹1,00,000 penalty |
| Incorrect details | Legal action |
| Delay in filing | Remittance delay |
| Benefit | Explanation |
|---|---|
| Legal Compliance | Follow tax laws |
| Smooth Remittance | No delays |
| Avoid Penalties | Proper filing |
| Tax Clarity | Correct deduction |
| Issue | Impact |
|---|---|
| Incorrect tax calculation | Penalty |
| Wrong form selection | Rejection |
| Missing documents | Delay |
| Late filing | Compliance issues |
👉 Finance Saathi ensures accurate and error-free filing
| Feature | Benefit |
|---|---|
| Expert CAs | Certified filing |
| Fast Processing | Quick turnaround |
| Affordable Pricing | Budget-friendly |
| End-to-End Support | Complete assistance |
| Dedicated Support | Personal help |
| PAN India Service | Nationwide coverage |
Declaration for foreign remittance
CA certificate
Yes, in most cases
Chartered Accountant
₹1,00,000
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