Form 15CA & Form 15CB Filing

When making payments to a non-resident, tax deduction at source (TDS) is a crucial compliance requirement. To ensure proper tax deduction and reporting, the Indian Income Tax Department mandates the filing of Form 15CA and Form 15CB before remitting payments abroad. These forms help track foreign remittances and ensure that the correct amount of tax is deducted and deposited with the government.

At Calzone, we simplify Form 15CA & 15CB filing, ensuring accurate tax compliance, quick processing, and hassle-free online filing.

What is Form 15CA?

Form 15CA is a declaration submitted by a remitter (payer) before making foreign remittances to non-residents. This declaration confirms that TDS has been deducted on the payment, if applicable, and is reported to the Income Tax Department.

Purpose of Form 15CA:

  • Ensures tax compliance on payments made to non-residents
  • Acts as proof of TDS deduction before remittance
  • Helps the government track foreign transactions

Filing Form 15CA is mandatory before making remittances that are taxable under the Income Tax Act.

What is Form 15CB?

Form 15CB is a certificate issued by a Chartered Accountant (CA) before filing Form 15CA, confirming that:

  • The nature of the remittance is specified correctly
  • The correct TDS rate is applied under Section 195
  • Double Taxation Avoidance Agreement (DTAA) provisions are complied with
  • The transaction adheres to Indian tax laws

When is Form 15CA & 15CB Required?

Scenario

Form 15CA Required?

Form 15CB Required?

Remittance is taxable under the Income Tax Act

Yes

Yes

Remittance exceeds 5 lakh in a financial year

Yes

Yes

Remittance is non-taxable

Yes (Part D)

No

Remittance is below 5 lakh in a financial year

Yes (Part A)

No

Remittance covered under specified exemptions by RBI

No

No

Different Parts of Form 15CA

Form 15CA is divided into four parts, depending on the remittance amount and tax applicability:

Part

Applicability

Part A

When the total remittance is 5 lakh or less in a financial year

Part B

When the remittance exceeds 5 lakh, and an order/certificate from the Assessing Officer (AO) under Section 195(2), 195(3), or 197 has been obtained

Part C

When the remittance exceeds 5 lakh, and Form 15CB is obtained from a Chartered Accountant

Part D

When the remittance is not chargeable to tax under the Income Tax Act

How to File Form 15CA & 15CB Online?

Step-by-Step Guide to File Form 15CA Online

  • Step 1: Visit the Income Tax e-Filing Portal
    • Go to www.incometax.gov.in and log in using your credentials.
  • Step 2: Go to the e-Filing Section
    • Navigate to "e-File" > "Income Tax Forms"
    • Select Form 15CA from the list.
  • Step 3: Choose the Appropriate Part
    • Select Part A, B, C, or D based on the remittance details.
  • Step 4: Fill in the Necessary Information
    Provide details such as:
    • Remitter Details: Name, PAN, Address, Contact Information
    • Recipient Details: Name, Address, Country of Residence, PAN (if available)
    • Remittance Details: Amount, Currency, Nature of Payment
    • TDS Details: Rate of TDS, Section under which tax is deducted
  • Step 5: Submit the Form
    • Verify and submit Form 15CA before making the remittance.
  • Step 6: View or Withdraw Form 15CA
    • You can view the form under "My Account" > "View Form 15CA".
    • Form 15CA can be withdrawn within 7 days from the date of submission.

Step-by-Step Guide to File Form 15CB Online

  • Step 1: Log in to the Income Tax Portal
    • Visit www.incometax.gov.in and log in.
  • Step 2: Add a Chartered Accountant (CA)
    • Go to "Authorised Partners" > "My Chartered Accountant"
    • Click on "Add CA", enter the CA's membership number, and authorize them.
  • Step 3: Assign Form 15CB to the CA
    • Once the CA is added, assign Form 15CB for preparation.
  • Step 4: CA Fills and Verifies Form 15CB
    • The CA fills Form 15CB online with details like:
      • Nature of Payment & Taxability
      • TDS Rate as per Section 195
      • DTAA Compliance
      • Details of Remitter & Beneficiary
    • CA digitally signs & submits the form using a Digital Signature Certificate (DSC).
  • Step 5: Approve Form 15CB
    • The remitter must approve the Form 15CB submitted by the CA.
    • Navigate to "For Your Action" > "Pending Actions" > Approve Form 15CB".
  • Step 6: Proceed with Form 15CA Filing
    • After approval, Form 15CB is linked to Form 15CA.
    • Complete the Form 15CA filing process.

Why Choose Calzone for Form 15CA & 15CB Filing?

  • Expert Chartered Accountants - Get Form 15CB certified by professionals.
  • Quick & Hassle-Free Process - No paperwork, 100% online filing.
  • Ensured Compliance - We ensure accurate tax compliance under Section 195.
  • Guidance on DTAA Benefits - Minimize tax liability using Double Taxation Avoidance Agreements.
  • Timely Filing & Approval - Get approvals before remittance to avoid penalties.
 
     
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