15CA / 15CB Filing

Overview

Any person making a remittance outside India must file Form 15CA (online declaration on the income tax portal) before initiating the foreign remittance through an authorised dealer (AD) bank — except for specified exempt categories under Rule 37BB. For taxable remittances above Rs.5 lakhs, a Form 15CB certificate from a Chartered Accountant confirming the appropriate tax treaty analysis and TDS compliance is also required before filing 15CA. Banks are legally prohibited from processing foreign remittances without these certificates where applicable.

The 15CA/15CB framework ensures that TDS is correctly deducted on payments to foreign parties (royalties, technical fees, dividends, interest, rent), preventing tax base erosion through offshore payments. Part A (below Rs.5 lakhs, taxable), Part B (with AO certificate), Part C (above Rs.5 lakhs, most common), and Part D (Rule 37BB exempt payments like imports) each have different requirements.

MFiling professional charges: from Rs.1,999 per 15CA/15CB filing (Part C), Rs.499 per Part D filing.

Key Benefits

Mandatory for All Taxable Foreign Remittances

Banks cannot process foreign payments without 15CA — MFiling ensures compliance before remittance initiation.

DTAA Analysis for Reduced TDS

MFiling's CA analyses applicable DTAA to determine if reduced treaty TDS rates apply — saving significant withholding tax.

CA Certification (Form 15CB) Arranged

Qualified CA reviews remittance nature, applicable TDS section, DTAA provisions, and issues Form 15CB.

Import and Exempt Payment Compliance

Part D filings for Rule 37BB exempt payments (imports, education, travel) handled with correct classification.

Bank Compliance Ensured

All documentation in order before the AD bank deadline — no remittance delays or bank rejections.

Documents Required

Invoice or Agreement for the Foreign Payment (royalty, technical fee, interest, etc.)

Details of Foreign Payee — Name, Country of Residence, Tax Identification Number

Tax Residency Certificate (TRC) of Foreign Payee (for DTAA benefits)

Form 10F from Foreign Payee (required alongside TRC for DTAA benefit)

Remittance Amount and Currency Details

PAN and TAN of Indian Remitter

How it Works

Classify the Remittance (Day 1)

Determine Part A / B / C / D applicability — whether payment is taxable, amount threshold, and Rule 37BB exempt status.

Determine Applicable TDS Rate (Day 1)

Identify TDS section (195, 194J, 194C, etc.) and check applicable DTAA rate for the payee's country.

Obtain Tax Residency Certificate (if DTAA benefit) (Day 1–3)

Payee provides TRC and Form 10F confirming residency in the treaty country.

CA Prepares and Signs Form 15CB (Day 2–3)

Chartered Accountant reviews all documents, performs DTAA analysis, and certifies Form 15CB.

File Form 15CA on Income Tax Portal (Day 3)

Submit 15CA and 15CB to AD Bank (Day 3–4)

Provide 15CA acknowledgement and 15CB to the authorised dealer bank along with remittance instruction.

Frequently Asked Questions

Is Form 15CA required for payments to import invoices (purchase of goods from overseas)?

No. Import payments (purchase of goods from overseas suppliers) are exempt under Rule 37BB — they fall under Part D of Form 15CA and require only a Part D filing (no 15CB required). The exemption covers imports, remittances for personal travel, education, medical treatment abroad, and specified other categories. MFiling classifies each remittance type correctly and files only the required forms.

What happens if a foreign remittance is made without 15CA / 15CB where required?

Making a taxable foreign remittance without required 15CA/15CB is a violation of Section 195 of the Income Tax Act. The Indian remitter is liable for the TDS that should have been deducted (even if not deducted), plus interest at 1% per month from the date the tax was deductible to the date of payment (Section 201). Additionally, 30% of the payment may be disallowed as a business deduction under Section 40(a)(i) for non-deduction of TDS.

Service Price

₹1,999

Starting price · GST extra

Call Expert WhatsApp Us

Mandatory for All Taxable Foreign Remittances

Banks cannot process foreign payments without 15CA — MFiling ensures compliance before remittance initiation.

DTAA Analysis for Reduced TDS

MFiling's CA analyses applicable DTAA to determine if reduced treaty TDS rates apply — saving significant withholding tax.

CA Certification (Form 15CB) Arranged

Qualified CA reviews remittance nature, applicable TDS section, DTAA provisions, and issues Form 15CB.

Import and Exempt Payment Compliance

Part D filings for Rule 37BB exempt payments (imports, education, travel) handled with correct classification.

Bank Compliance Ensured

All documentation in order before the AD bank deadline — no remittance delays or bank rejections.

15CA / 15CB Filing

Overview

Key Benefits

Documents Required

How it Works

Frequently Asked Questions

Related Services

Related Articles

Ready to Start or Grow Your Business?

15CA / 15CB Filing

Overview

Key Benefits

Documents Required

How it Works

Frequently Asked Questions

Related Services

Income Tax E-Filing

Business ITR Filing

Partnership Firm / LLP ITR

Company ITR Filing

Related Articles

Annual Compliance Checklist for Private Limited Companies in 2025

GST Registration: Who Needs It and How to Apply?

How to Register a Private Limited Company in India (2025 Guide)

Ready to Start or Grow Your Business?