Form 15CA & 15CB: Compliance for Foreign Remittances from India
S
Statura Team
When an Indian entity remits money to a non-resident (royalty, fees, imports of services, dividends), the Income Tax Act requires reporting via Form 15CA, and often a Chartered Accountant certificate in Form 15CB.
When 15CB is needed
If the remittance is taxable in India and exceeds ₹5 lakh in a year, a CA must certify the nature of payment, taxability, TDS rate and DTAA applicability in Form 15CB before 15CA Part C is filed.
The four parts of 15CA
- Part A — taxable remittance up to ₹5 lakh
- Part B — where a lower/nil TDS order exists
- Part C — taxable, over ₹5 lakh (needs 15CB)
- Part D — non-taxable remittance
Why it matters
Banks will not process the remittance without these forms, and wrong TDS classification creates liability. Statura handles 15CA/15CB and DTAA analysis end-to-end.
#15CA
#15CB
#foreign remittance
#TDS
#DTAA