Expert 15CA-15CB Filing Support Across India
Are you making payments to a foreign company or to a Non-Resident Indian from India?
Filing Form 15CA and obtaining Form 15CB is a mandatory step before most foreign remittances. At N D Savla & Associates, Chartered Accountants in Mumbai, we handle the entire process with accuracy and on-time execution.
What Are Form 15CA and Form 15CB?
Form 15CA is a declaration by the remitter to the Income Tax Department about the foreign payment.
Form 15CB is a certificate issued by a Chartered Accountant confirming the taxability and correct TDS deduction as per Indian tax law and DTAA provisions.
- Track foreign remittances from India
- Ensure TDS compliance on payments to non-residents
- Prevent tax leakage on cross-border transactions
Who Needs to File?
- Royalties, interest, dividends
- Import and export related payments
- Technical or consultancy service fees
- Education, medical or travel expenses abroad in certain cases
Legal Framework: Section 195
Under Section 195 of the Income Tax Act, tax must be deducted at source before making any payment to a non-resident. The Indian remitter is responsible for deducting TDS at applicable rates, filing Form 15CA, and obtaining Form 15CB wherever required.
Documents Required
- PAN of remitter and beneficiary
- Invoice or agreement supporting the transaction
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- Bank details and payment documents
- DTAA applicability details
Why Choose N D Savla & Associates?
Accurate DTAA Analysis
Proper review of remittance to determine taxability.
Fast Processing
Quick turnaround for urgent foreign payments.
Confidential Handling
Secure systems for sensitive client information.
Engagement Process
- Initial consultation and remittance review
- Taxability and TDS determination
- Issuance of Form 15CB by Chartered Accountant
- Filing Form 15CA on Income Tax portal
- Submission to authorised dealer bank
Common Risks of Non-Compliance
- Penalty up to ?10,000 per default
- Transaction delays or bank rejections
- Income tax notices and scrutiny