Section 195(6) requires the person responsible for making payment to a non-resident to furnish information relating to such payments in forms to be prescribed. CBDT prescribed rule 37BB in the Income Tax Rules, 1962 prescribing Form 15CA and Form 15CB to be filed in relation to remittances to non-residents under section 195(6) of the Income Tax Act, 1961. This rule is applicable to all remittances being made after July 1, 2009.

A person making a payment to a Non Resident or a Foreign Company has to submit Form 15CA. Depending on amount and taxability of payment, specific parts of Form 15CA need to be filled:

Part Description
Part A To be filled up if the remittance is chargeable to tax under the provisions of the Income-tax Act,1961 and the remittance or the aggregate of such remittances, as the case may be, does not exceed five lakh rupees during the financial year)
Part B To be filled up if the remittance is chargeable to tax under the provisions of the Income-tax Act, 1961 and the remittance or the aggregate of such remittances, as the case may be, does not exceed five lakh rupees during the financial year and an order! certificate u!s 195(2)/ 195(3)/ 197 of Income-tax Act has been obtained from the Assessing Officer.
Part C To be filled up if the remittance is chargeable to tax under the provisions of Income-tax Act, 1961 and the remittance or the aggregate of such remittances, as the case may be, exceeds five lakh rupees during the financial year and a certificate in Form No. 15CB from an accountant as defined in the Explanation below sub-section (2) of section 288 has been obtained
Part D To be filled up if the remittance is not chargeable to tax under the provisions of the Income-tax Act,1961 other than payments referred to in rule 37BB(3) by the person referred to in rule 37BB(2)

Step wise process of filing of Form 15CA

Step 1 – Logon to ‘e-Filing’ Portal www.incometaxindiaefiling.gov.in

Step 2 – Go to the ‘e-File’ menu located at upper-left side of the page ⇒ Click ‘Prepare and Submit Online Form (Other than ITR)’

Step 3 – Select ‘Form 15CA’ from the dropdown list ⇒ Click Continue

Step 4 – Generate signature for the zip file using DSC Management Utility (available under Downloads) and upload the generated signature file.

Note – Upload of Form 15CB is mandatory prior to filling Part C of Form 15CA. To prefill the details in Part C of Form 15CA, the Acknowledgment number of e-Filed Form 15CB should be provided.

Step 5 – Fill in all the mandatory details and click “Submit”.

Step 6 – On successful submit, the user will be redirected to Success page.

Republished with Amendments

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2 Comments

  1. satish pisal says:

    we have alredy generated the 15cb & 15ca and also taken print out now i have to chane the name of beneficiary so i have change 15cb or again generate all the forms please sugest

  2. shiv says:

    Dear sir/Madam,

    Please inform me, Is the BSR Code of the Bank in the 15CA-CB form mandatory?
    & What should we do if we don’t have BSR code of the Bank?

  3. sharif says:

    When I enter the recipient’s address details in form 15CA.
    I am prompted by remark”please enter the valid value”& the address details go blank.Iam not able to submit the form.
    can some one advice me what should I do?

  4. xavier.T says:

    Sir/Madam,

    NSDL provide the FVU for form 15CA but RPU is not availalbe ,where can i get the software to prepare from 15CA in bulk uploading method.

    Regards

    T.Xavier

  5. K K SARAOGI says:

    Dear Ms. Moumita:

    Only remedy available for rectification of form 15CA is to approach your CA to cancel form 15CB and generate new form 15CB and provide new number for form 15CA for uploading afresh.

  6. K K SARAOGI says:

    Dear Mr. Mohit Mehta,
    For making any remittance to non-resident, Form 15CA and 15CB is required. You can mention clause of Sec.9 according to which tax is not required to be deducted in case of remittance for import of goods.

    For payment to residents, above form is not required.

  7. Samir says:

    can any one guide how can I rectified 15CA form which has already upploaded I have to make changes in the coloum country to which remittance mande

    wht is the procedure to rectify the same.

  8. Varun Gupta says:

    There is a big flaw on the online form for as on 03 July 2012. Or maybe we have not been able to understand it properly. Hence any help would be highly appreciated. 

    In part 2 of the bank, there is a field that states – “Name of the bank *”, which is a required field, and the user has to select from a droplist. The list has a couple of options. What if the user has to transfer to a bank that is not there in this list. There is no Others option. Let’s say the user wants to transfer to Intesa Sanpaolo. There is no option. There are hundreds of big banks which are not there in this dropdown. Does this mean that an Indian resident cannot transfer to a business or individual who has an account in these banks? 

    Best wishes,
    Varun Gupta

  9. PARVATHI says:

    we have already generated the form 15CA & also taken print out. Now some chages have been done in the amount so I have to change the amount in already generated one how I should re-correct in the original

  10. navneet singh says:

    suppose we have transferring the amount $2555 to us for given an advertisment is going in delhi for book fair the please given a solution  

  11. navneet singh says:

    suppose we have transferring the amount $2555 to us for given an advertisment is going in delhi for book fair the please given a solution  

  12. navneet singh says:

    suppose we have transferring the amount $2555 to us for given an advertisment is going in delhi for book fair the please given a solution  

  13. Mohit Mehta says:

    Dear Sirs / Ma’am, Banks are insisting for giving Form 15CA/CB for supply related cases, wherein TDS is not applicable at all. Also Banks are insisting for giving for remittance done to Residents, which is also not required. Please do let us know the Circular or any written approval from competent authority that Form 15 CA/CB is not required for Supply related cases and remittance made to Residents settled outside India.

  14. Naren Madlani says:

    Thie procedure and guidelines described aboe are the same which we are following presently.what is the revision.Can any one point us the difference compared to the existing guidelines and the related procedure.

  15. Sayan Majumdar says:

    Can you please elucidate what would be the penalty consequences in case the remitter does not comply with the aforementioned procedure i.e. remits without obtaining Form No. 15CB and 15CA. 

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