Form 15CA & 15CB
Chartered accountant certificates and online filings needed before remitting money to a non-resident.
Who needs it
Businesses and individuals paying foreign vendors, consultants or relatives, and NRIs repatriating funds.
Documents required
- Invoice or agreement for the payment
- Recipient's tax residency certificate and Form 10F
- Bank details and purpose code
- Proof of tax deducted, if any
What we cover
- Checking whether the payment is taxable in India and at what rate.
- Issuing Form 15CB after examining the treaty position.
- Filing Form 15CA on the income tax portal for your bank.
- Advice on TDS where tax must be deducted.