FORM 15CA AND FORM 15CB


Form 15CA,15CB
(For remittance of payments to non-resident or foreign company)

 Person making any payment to NRI (Non-Resident Individual) or Foreign company,
  i) has to submit Form 15CA
 ii) Online/Digital Mode

  • In some cases, a certificate of a Chartered Accountant in Form 15CB has to be taken before uploading 15CA.
  • 15CB is the certificate issued by Chartered Accountant giving details of the payment,TDS rate & TDS deduction u/s 195 (Payment to Non-Resident Individual) of the Income Tax.
FORM 15CA & 15CB are not required if remittance pertains to 28 items specified in rule 37BB.Such 28 items are as follows:-

  1. Indian investment abroad -in equity capital (shares)
  2. Indian investment abroad -in debt securities
  3. Indian investment abroad -in branches and wholly owned subsidiaries
  4. Indian investment abroad -in subsidiaries and associates
  5. Indian investment abroad -in real estate
  6. Loans extended to Non-Residents
  7. Payment- for operating expenses of Indian shipping companies operating abroad
  8. Operating expenses of Indian Airlines companies operating abroad
  9. Booking of passages abroad -Airlines companies
  10. Remittance towards business travel
  11. Travel under basic travel quota (BTQ)
  12. Travel for pilgrimage
  13. Travel for medical treatment
  14. Travel for education (including fees, hostel expenses etc)
  15. Postal services
  16. Construction of projects abroad by Indian companies including import of goods at project site
  17. Freight insurance – relating to import and export of goods
  18. Payments for maintenance of offices abroad
  19. Maintenance of Indian embassies abroad
  20. Remittances by foreign embassies in India
  21. Remittance by non-residents towards family maintenance and-savings
  22. Remittance towards personal gifts and donations
  23. Remittance towards donations to religious and charitable institutions abroad
  24. Remittance towards grants and donations to other Governments and charitable institutions established by the Governments
  25. Contributions or donations by the Government to international institutions
  26. Remittance towards payment or refund of taxes
  27. Refunds or rebates or reduction in invoice value on account of exports
  28. Payments by residents for international bidding
  • If Remittance doesnot exceed Rs.50,000 (single transactions) and Rs 250000 (in aggregate in F.Y),only information in Form 15CA is to be uploaded.Form 15CB is not required.
  • If lower TDS certificate is received u/s 197 or order of Assessing Officer is received u/s 195(2)/(3),information is to be uploaded in Form 15CA. Form 15CB is not required.
  • In any other cases of remittance outside India,the person making remittance will have to take a  Certificate  from Chartered Accountant in Form 15CB and after receiving the certificate submit Form 15CA online. 
Bank requires these documents before they make any remittance on your behalf to a non-resident.





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