CA Certification & Foreign Remittance Compliance
Making payments outside India? Certain foreign remittances require certification under Income Tax provisions before funds can be transferred.
N D Savla & Associates provides professional certification services including issuance of Form 15CB and assistance with filing Form 15CA to ensure smooth remittance and tax compliance.
What are Form 15CA and 15CB?
Form 15CA is a declaration filed online by the remitter before making certain foreign payments.
Form 15CB is a Chartered Accountant certificate confirming:
- Nature of remittance
- Applicable TDS rate
- Taxability under Income Tax Act
- DTAA applicability (if any)
- Compliance with FEMA provisions
When is 15CA / 15CB Required?
- Payment to foreign vendors or consultants
- Import of services
- Royalty or technical fees payments
- Commission payments abroad
- Foreign investment repatriation
Details Required for Certification
- Remitter and recipient details
- Agreement or invoice copy
- Nature and purpose of remittance
- Amount of remittance
- Tax residency certificate (if DTAA benefit claimed)
Risks of Non-Compliance
- Bank may reject remittance request
- Penalty under Income Tax Act
- Interest and late payment charges
- Future scrutiny from tax authorities
Our Certification Process (Step-by-Step)
- Review transaction and documents
- Determine taxability and TDS rate
- Issue Form 15CB certification
- Assist in filing Form 15CA online
- Provide documents required by bank
Why Choose N D Savla & Associates?
Accurate CA Certification
Proper tax analysis before issuing Form 15CB.
DTAA Expertise
Correct application of treaty benefits.
Quick Turnaround
Fast processing for urgent remittances.
End-to-End Support
From document review to bank submission.
Compliance Guidance
Ensuring adherence to Income Tax & FEMA rules.
Trusted Advisory Support
Reliable tax and regulatory advisory services.