Online Filling of Form 15CA/CB

Form 15CA and Form 15CB has been prescribed by CBDT in respect of Various Foreign remittance to be made by the Assessee/Remitter. Form 15CA is a declaration by person intending to make remittance and Form 15CB is Certificate from a Chartered Accountant is respect of deductibility of Tax on such remittance. Earlier form 15CA was required to be submitted online on TIN-NSDL website, while form 15CB was a Manual Certificate. Later on filing of forms been shifted from TIN-NSDL website to e-filing website of Income Tax Department and recently department has made e-filing of form 15CB also online.

The significant Amendment are as follows –(w.e.f 01.04.2016)

Form 15CA and 15CB which does not require RBI approval will be NOT be required to be furnished by an individual for remittance
List of payments of specified nature mentioned in Rule 37BB, which do not require submission of Forms 15CA and 15CB, has been expanded from 28 to 33 including payments for imports
Form No. 15CB will only be required for payments made to non-residents, which are taxable and if the payment exceeds Rs. 5 lakhs.

If your bank asked you to go get a 15CA CB certificate from a Chartered Accountant for remittance. You are at the right place. Just fill in your details and get an instant response from a DVKS Expert Team. As DVKS having a vast experience for analysing the transaction based on DTAA agreement with various countries.