Form 15CA / 15CB for Remittances Abroad
Due: Before making the foreign remittance (no fixed calendar date).
Due date
Before making the foreign remittance (no fixed calendar date).
Due dates are frequently extended by notification or circular. Verify on the official portal before relying on them. Section references are to the Income-tax Act, 1961 (up to FY 2025-26); the Income-tax Act, 2025 re-numbers provisions from tax year 2026-27.
What is it?
Form 15CA is a declaration; Form 15CB is a CA certificate on taxability. They accompany foreign remittances via authorised dealers.
Who must comply
Anyone remitting funds abroad (NRIs repatriating, businesses paying abroad).
Penalty / consequence of delay
Bank will not process the remittance without correct forms; non-compliance can attract penalty.
How to comply
- Determine taxability
- CA issues 15CB where required
- File 15CA online
- Submit to bank
Tips to stay compliant
- Add the due date to your calendar a week early and keep documents ready.
- Reconcile books with portal data before filing; fix differences first.
- Keep acknowledgements, challans and working papers for at least the statutory retention period.
- Watch for CBDT / CBIC / MCA notifications: extensions and relaxations are common, but never assume one.
Need help?
GstMan can handle this compliance for you with reminders and filing. Contact us or message on WhatsApp.
Frequently asked questions
When is Form 15CB required?
Where remittance exceeds the prescribed limit and is chargeable to tax, or as required by the bank.