Filing of Form 15CA
What is Form 15CA?
Form 15CA is a declaration to the Income Tax Department for reporting foreign remittances (payments made outside India).
It ensures that applicable TDS on foreign payments has been correctly deducted as per the Income Tax Act.
📌 It is filed online on the Income Tax e-filing portal.
When is Form 15CA Required?
Form 15CA is required before making payment to a non-resident or foreign company for:
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Professional / consultancy services
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Royalty or technical services
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Commission payments
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Import of services
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Interest or dividend payments
Types of Form 15CA
Form 15CA has four parts, depending on the nature and amount of payment:
Part A
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For remittances up to ₹5 lakh in a financial year
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No CA certificate required
Part B
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For remittances above ₹5 lakh
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Form 15CB (CA Certificate) required
Part C
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When payment is taxable and 15CB is required
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Most commonly used
Part D
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When payment is not taxable in India
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No CA certificate required
What is Form 15CB?
Form 15CB is a Chartered Accountant’s certificate confirming:
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Nature of remittance
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Taxability under Income Tax Act
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DTAA applicability
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Correct TDS rate
📌 15CB is prepared first, then Form 15CA is filed.
Documents Required
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PAN of remitter
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Details of foreign beneficiary
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Purpose of remittance
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Amount & currency
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Agreement / Invoice
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TRC (Tax Residency Certificate), if applicable
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Form 15CB (if required)
Process of Filing Form 15CA
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Obtain Form 15CB from CA (if applicable)
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Login to Income Tax e-filing portal
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Select Form 15CA
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Fill relevant part (A/B/C/D)
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Submit and generate acknowledgment
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Provide acknowledgment to bank for remittance
⏱️ Timeline: Same day filing (once documents are ready)
Why Form 15CA is Important
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✅ Mandatory for foreign remittances
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✅ Ensures TDS compliance
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✅ Required by banks for outward remittance
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✅ Avoids penalties and scrutiny
Penalty for Non-Compliance
⚠️ Incorrect or non-filing of Form 15CA may attract:
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Penalty up to ₹1,00,000
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Delay or rejection of foreign remittance
