• Jul
  • 02
  • 2009

How to fill form 15CA for effecting remittances to Non Residents

Posted In Income Tax | 35 Comments » Print Friendly and PDF

Procedure for furnishing information under sub-section (6) of section 195 of the Income-tax Act, 1961 read with rule 37BB of the Income-tax Rules, 1962.

General

  • Form 15CA should be used for furnishing information of remittances in e-mode in accordance with the provisions of section 195 (6) of the Income-tax Act, 1961. The information should be furnished after obtaining a certificate in Form 15CB from an accountant as defined in the Explanation to section 288 of the Income-tax Act, 1961. The print out Form 15CA should be signed and submitted to the Reserve Bank of India/authorized dealer prior to remitting the payment.
  • The Form should be furnished at the website of the Tax Information Network www.tin-nsdl. com
  • Fields marked with (*) are mandatory.
  • Select the values from the drop down wherever provided.
  • Each transaction detail should be filled in separately.

Guidelines for Part A of Form 15CA:

Remitter:

  • Permanent Account Number (PAN) and Tax Deduction and collection Account Number (TAN) allotted by the Income Tax Department should be mentioned. TAN is mandatory in cases where-
    • tax has been deducted or will be deducted at source;
    • the remitter has obtained an order under section 195 (2) of the Income-tax Act from the Assessing Officer.
  • In case an invalid PAN and/or TAN is filled in by the remitter, the Form will not be generated.
  • In case the remitter does not have a TAN, it is mandatory to quote PAN of the remitter.
  • PAN of the remitter should invariably be given. However, the same is mandatory if status of entity is Company or Firm. If PAN is not given in such cases, the remitter will not be allowed to generate the Form.
  • Details in at least two address fields for remitter shoule be mentioned.
  • Name of the entity should be mentioned in the “Name of remitter” field.
  • No value is to be provided in Area code, AO type, Range code & AO number. The fields will be entered by the system after validating the PAN and/or TAN.
  • Email id and mobile no., if any, should be provided.

Recipient of remittance:

  • Complete address of recipient of remittance, separated by coma, should be provided.
  • PAN, allotted by the Indian Income Tax Department should be mentioned.
  • If status of entity is “company”, then provide type of company i.e., “domestic” or “other than domestic”.
  • In the field “ Principal Place of Business”, the country of tax residence of the recipient of the remittance should be mentioned.

Information for accountant

  • Enter name of the Chartered Accountant in the field “Name of the accountant”.
  • Details in at least two address fields should be mentioned.
  • Date of certificate should not be a future date.
  • Registration no. should be numeric.
  • Details of accountant are not required if point no. 15 is selected i.e. any order u/s 195 (2)/ 195 (3)/ 197 of the Income-tax Act has been obtained from Assessing Officer.
  • Certificate number is an alphanumeric field.

Guidelines for PART B of the Form (Particulars of Remittance and TDS)

  • Provide the values as per the accountant certificate obtained in Form 15CB.
  • In case name of the country is not available in drop down list, select value “other” from the drop down and provide name of the country.
  • In case currency name is not available in drop down then select value ”other” from the drop down and provide name of the currency.
  • Proposed date of remittance should be current date or a future date.
  • Amount of TDS should be less than amount of remittance.
  • Actual amount of remittance after TDS should be less than amount of remittance.
  • BSR code of the bank through which the remittance is made should be mentioned.
  • Rate of TDS as per DTAA (if applicable) should be mentioned upto two decimal places.
  • Amount should be mentioned upto 2 decimal places.
  • Select any one out of fields 12, 13, 14 and 16. One form is to be filled for one type of remittance.
  • Details of “responsible person” should be mentioned for verification.
  • If no tax has been deducted then value “0.00” should be mentioned in “Amount of TDS” field (foreign currency and Indian Rs.)
  • Value for “rate of deduction as per the Income-tax Act” should be “0.00” if no tax has been deducted and “amount of TDS in Indian and foreign currency” should be “0.00”.

Generation of Form 15CA

  • After filling up the information, click “submit”. On submission of details if system shows any errors, rectify and re-submit the form.
  • A confirmation screen with all the data filled by the user will be displayed. The same can be either confirmed or edited.
  • On confirmation, a filled up Form 15CA with an acknowledgement number will be displayed. Print out of the Form should be taken, signed and submitted prior to remitting the payment.
  • Form 15CA can be re-printed by selecting the re-print option. For re-printing, please enter “acknowledgement no.”, “PAN” and/or “TAN” mentioned in the Form.

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35 Responses to “How to fill form 15CA for effecting remittances to Non Residents”

  1. Tejashwini says:

    If a father is transfering money to son ( who stays overseas) as loan , under which category we need to file form15CA under Nature of remittance as per agreement or document.

  2. Sanjay jain says:

    Sir,
    I want know taxable amount subject to tax deduction, where the payer of income pay service tax  on imported service.

  3. chirag shukla says:

    I want to make Outward remittance for the purpose of Immigration visa fee. I wanted to know whether i have to apply for 15CA-CB or not ? Outward remittance amount is CAD 2000.

  4. Shakur Shekhani says:

    Sir,

    We are sent material to foreign buyers but they claim to us for inferior quality & we are accepted thier claim & we want to paid some dollar so what reason we are mention in form 15CA & 15CB in column “Nature of remittance as per agreement/ document”

  5. Anaina says:

    Also can you please clarify the applicability of TDS in this case.

  6. Anaina says:

    What is the remitter and the beneficiary are one and the same person? I want to transfer money from my account in India to my account in USA. How do I go about it? Please advice.

  7. sunil says:

    What if remittence is made without filling from 15CA & CB as remitting bank has not asked for the same. Implications of the same and on whom bank or sendor.

  8. N Kalaiarasi says:

    n case of imports (purchase ), what is the significance of 15CA & 15CB? One has to open L/C for purchase OR send some advance to confirm the purchase to foreign supplier & balance payment by documents in bank . The process of import is going to become more & more complicated if this is applicable to imports as well.Would u please clarify

  9. OSPanwar says:

    is there are any provision for cancelliation or revision of Form 15 CA if we wants to revised at later stage after up loading at site

  10. Ranjit C says:

    Is it is necessary to submit FORM 15CA & FORM 15CB for making remittance against import of raw material for production against which we are submitting exchange control copy of Bill of Entry?
    Pls give reply as soon as possible
    Regards;
    Ranjit C.

  11. IMTIAZ says:

    IF SOMEONE WANTS TO ISSUE DD IN SINGAPORE DOLLAR FROM AN MNC BANK DOES HE REQUIRE TO SUBMITT FORM 15CA & 15CB.

  12. Purshottam says:

    Query : Regarding Tour Operator

    Remmittance towards payment made to suppliers towards hotel Booking.

    Whether applicability of TDS ? If Yes, Under which category & Why?

  13. R. B. Gawade says:

    Is it is necessary to submit FORM 15CA & FORM 15CB for making remittance against import of raw material for production against which we are submitting exchange control copy of Bill of Entry?

  14. Sandeep says:

    Dear All,

    I fill all details in FORM 15CA but when click on PROCEED, the system shows the below message –
    Form cannot be submitted as PAN mentioned are not present in the PAN master of Income Tax Department. Please rectify

    The pan no.which i mentioned was right. But i dont know what is the problem?

    So can you please help me out immediately?

  15. Mithun Dalvi says:

    Hi,

    How I can cancell old filled form 15CA to fill fresh Form 15CA against the same remittance just because of the wrongly filled first time.

    Appreacite if you can respond quikly.

    Mithun Dalvi
    9786223348

  16. Mithun Dalvi says:

    Hi,
    Got error while filling form 15CA, is there any option to re-fill or rectify for the remittance. also wanted to know if I fill same remittance twice then just because of the error in first time filling is it will be cause for double entry in NSDL record?

    Or is there any solution for this?

    Mithun Dalvi
    9768223348

  17. Ravindra Rawool says:

    By mistake I enter name of Beneficiary in short ( Karl Mayer) instated of Karl Mayer Textilmaschinenfabrik GmbH, how I can revised the same. Please let me know immediately as the matter is urgent.

    Thank you

    Ravindra Rawool

  18. sampada wadkar says:

    Dear Sir,
    The amount to be remitted needs rectification/change.Can you please let me know the procedure, or procedure to cancel the previously filed form.Please let me know immediately as the matter is urgent.
    Thank You

    Sampada Wadkar

  19. Phiroze Patel says:

    Dear Sir,
    The amount to be remitted needs rectification/change.Can you please let me know the procedure, or procedure to cancel the previously filed form.Please let me know immediately as the matter is urgent.
    Thank You
    Phiroze Patel

  20. KAMLESH THAKKAR says:

    can 15CA be revised ?

  21. Dinesh Garg- Delhi says:

    Form 15 CA and 15 CB is mendatory no matter what is the amount of import.

    In case of Tour Operators who purchase services for their clients in Nepal-Srilanka or any other part are not covered by these forms as all the services sold by them is being realised in Foreign Exchnage.
    Dinesh Garg

  22. K. Ramachandran says:

    Form No.15CA filling-in is a daunting task. Items 2 and 8 of Part B are about “amount of remittance in foreign currency and in Indian rupees” and “amount of remittance after TDS” respectively. These fields are mandatory. I have to remit $25000, so I typed 25000.00 and 1136250.00. Windows pop up reading “Please provide actual amount of remittance in Indian Rs. (i.e.10000.00)” and “Please provide actual amount of remittance after TDS in Indian Rs.(i.e.10000.00)” respectively.

    What is the way out to solve this difficulty ?

  23. kalpana says:

    can 15CA be revised ?

  24. Syed says:

    Can 15CA be revised?

  25. ganesh nadar says:

    i have also the same problem.once i submit duly filled all,it shows “error on page”

  26. keshav jaini says:

    Referring to praveen query re imports

    could we get a clarification wheter these forms are required for Imports ot not . Since a lot of imports are of small values below Rs one lakh , the cost goes up if you need to get a CA cerificate ?????

  27. GANESH KURHADE says:

    FORM 15 CA REMITTANCE FOR INCOME TAX DEPRTMENT

  28. Praveen says:

    Hi
    In case of imports (purchase ), what is the significance of 15CA & 15CB? One has to open L/C for purchase OR send some advance to confirm the purchase to foreign supplier & balance payment by documents in bank . The process of import is going to become more & more complicated if this is applicable to imports as well.Would u please clarify

  29. Kris says:

    Has anybody had a problem filling in the CA certificate number in this form?

  30. info says:

    I think never mention ISD code with spaces in between them there is a form error when u submit we tried a lot of time then finally called them & they told they are aware of this problem & asked us to not to mention spaces & i think website is poorly designed from some company

  31. Sunil Chowdhary says:

    The circular reads as “The Reserve Bank of
    India has also mandated that except in the case of certain personal remittances which have
    been specifically exempted, no remittance shall be made to a non-resident unless a no
    objection certificate has been obtained from the Income Tax Department.”

    Certain Personal remittances are exempted by the RBI from the compliance of section 195. There are limits for purposes of remittances that RBI authorises an individual to make per calendar year. Section 195 is not applicable on these remittances. It is only applicable on income that is deemed to be taxable in India as per IT Act or the DTAA with the recepients’ country, whichever is more beneficial. If you are paying someone for technical or managerial services, royalties and interest etc., you have to deduct 20% or whatever rate is written in the DTAA, whichever is more beneficial to you or recepient. You have to deduct tax at highest rate applicable on individuals on other business incomes of if you remit to a non resident individual or at rates for foreign companies if recepient is foregin company. This deduction is applicable only if the purpose of remittance fulfils the condition of income being taxable in India. If other business incomes are not taxable in India, you are not to deduct the tax but you will still have to comply with Form 15CB and 15CA where you will have to provide evience of nature of remittance to the CA showing that the income other than those mentioned above has not accrued to the non resident in India. CA would certify no deduction at source and based on this certificate you will fill the Form 15CA which is basically an undertaking to your assesing officer that you will submit evidences if and when called for and if determined that tax has been paid short or not at all, you would pay tax + interest + penalty and also be liable to prosecution.

    Therefore find out from your bank that your remittance is indeed the personal remittance exempted. Then you do not have to go through all this.

  32. Satish says:

    Hi,

    I am presenlty in India and my wife and kids are in US and I need to send money for monthly expense. Do I need to fill out this 15CA and 15Cb form as well.

  33. Jeevan says:

    Information provided by you is pretty useful but there is lack of information regarding the following matters .. where to file the Form 15CA . and there is still problem that if we have to file electronically such file then what is the use of taking physical print out of 15CA and physically taking out the prints and Signature of the Chartered Accountant

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