Home > IT Service Plans > Form 15CA / 15CB Filing Plan Last Updated: Mar 07th 2022

Form 15CA, 15CB Filing (for remittance approval) Service Plan and Pricing

Consultation and guidance on applicability of Form 15CA, 15CB, and preparation of forms and filing for the banker or financial institution to approve the transfer of money (remittance / payment ) to an NRI or a Company outside of India

Service

  • Consultation and guidance on the need for Form 15CA and Form 15CB.
  • Filing of Form 15CA and / or Form 15CB.
  • Expert support through Email, phone & chat during the business hours.
  • Filing of your taxes if needed would be a separate service

Who should buy?

  • Any person who is making a payment to Non-Residents or to a Foreign Company.
  • Any person who is required to file declaration form of the Foreign remittance made outside India.

Process

  • Upon receiving the documents, our expert will call you before starting the process.
  • Analyse transaction type, understand tax residency status
  • Check applicability of DTAA, requirement to file taxes
  • Expert team will exchange the information through email and phone calls, if necessary.
  • Team will file Form 15CA and Form 15CB.
  • Team will forward a copy of the Form 15CA and Form 15CB.
  • Estimated Processing Time: 2-5 Working days.

Documents to be Submitted

  • Details of Sender (Remitter): Name, Address, PAN, Address, status, Mobile and Email Id of Sender (remitter).
  • Details of Recipient (Remittee): Name, status, Address and country of Recipient (Remittee).
  • Country to which remittance is made.
  • Currency in which remittance is made.
  • Amount of Remittance in Indian Currency.
  • Proposed date of Remittance.
  • Nature of Remittance.
  • Bank details of the Remitter (Name of bank, branch and BSR Code).

Other Benefits

Every Service comes with the benefits such as

  • Faster Service
  • Guidance on Transaction
  • Guidance on Tax Filing (as needed @ times)
  • Guidance on TDS deduction

How to get help from EZTax.in

Expert Assisted

Form 15CA / 15CB Filing

Rs.3499
Market Price  Rs.  5499  


Consultation, guidance on applicability and filing of Form 15CA and Form 15CB to enable money transfer



More ways to get help


Client Reviews

Latest Google Reviews

FAQ’s

A comprehensive list of frequently asked questions on Form 15CA and Form 15CB Registration.

1.What is Form 15CA?

Form 15CA is required to be filed by every person who is making payments to Non Residents (NRIs) or to a Foreign Company before remitting the payment.

2.What is Form 15CB?

A Certificate from Chartered Accountant is required in Form 15CB for certain type of payments prescribed by Income Tax Department. Form 15CB is required to be uploaded before filing Form 15CA.

3.Is it mandatory to submit form 15CB?

It is not mandatory to submit form 15CB in every transaction. Form 15CB is required to be filled only when the remittance amount exceeds Rs 5 lakhs during the financial year.

4.Can I withdraw Form 15CA?

No, there is no option to withdraw filed Form 15CA.

5.Which part of Form 15CA do I need to fill?

Form 15CA consists of 4 parts, namely Part-A/B/C/D

Part A: It is required to be filed if the remittance is chargeable to tax and the aggregate of such remittances does not exceed Rs 5 Lakhs during the financial year.

Part B: It is required to be filed if the remittance is chargeable to tax and the aggregate of such remittances exceeds Rs 5 Lakhs during the financial year and an order/ certificate u/s 195(2) /195(3)/197 of Income Tax act has been obtained from the Assessing Officer.

Part C: It is required to be filed if the remittance is chargeable to tax and the aggregate of such remittances exceeds Rs 5 Lakhs during the financial year and a certificate in form 15CB is required to be obtained

Part D: It is required to be filed if the remittance is not chargeable to tax under the provisions of Income Tax act.

6.Transactions that do not need to go thru Form 15CA / CB requirement?
#RBI Purpose CodeNature of Payment
1S0001Indian investment abroad – in equity capital (shares)
2S0002Indian investment abroad – in debt securities
3S0003Indian investment abroad – in branches and wholly owned subsidiaries
4S0004Indian investment abroad – in subsidiaries and associates
5S0005Indian investment abroad – in real estate
6S0011Loans extended to Non-Residents (NRI)
7S0101Advance payment against imports
8S0102Payment towards imports – settlement of invoice
9S0103Imports by diplomatic missions
10S0104Intermediary trade
11S0190Imports below Rs.5,00,000 – (For use by ECD offices)
12SO202Payment for operating expenses of Indian shipping companies operating abroad
13SO208Operating expenses of Indian Airlines companies operating abroad
14S0212Booking of passages abroad – Airlines companies
15S0301Remittance towards business travel
16S0302Travel under basic travel quota (BTQ)
17S0303Travel for pilgrimage
18S0304Travel for medical treatment
19S0305Travel for education (including fees, hostel expenses etc.)
20S0401Postal services
21S0501Construction of projects abroad by Indian companies including import of goods at project site
22S0602Freight insurance – relating to import and export of goods
23S1011Payments for maintenance of offices abroad
24S1201Maintenance of Indian embassies abroad
25S1202Remittances by foreign embassies in India
26S1301Remittance by non-residents towards family maintenance and savings
27S1302Remittance towards personal gifts and donations
28S1303Remittance towards donations to religious and charitable institutions abroad
29S1304Remittance towards grants and donations to other Governments and charitable institutions established by the Governments
30S1305Contributions or donations by the Government to international institutions
31S1306Remittance towards payment or refund of taxes
32S1501Refunds or rebates or reduction in invoice value on account of exports
33S1503Payments by residents for international bidding