Professional Guidance for 15CA - 15CB Filing

Global Taxman provides expert assistance for filing your 15CA and 15CB forms, ensuring accurate compliance with tax regulations. Whether you're making foreign remittances or receiving payments from abroad, our tax professionals will guide you through the process seamlessly, making sure all legal requirements are met.

What is the 15CA - 15CB Filing?

The 15CA and 15CB forms are required under Section 195 of the Income Tax Act for any remittance to a non-resident. These forms are essential for ensuring that the appropriate taxes are deducted at source (TDS) on payments to foreign entities and that the transaction complies with the regulations specified by the Indian government.

Who Should File the 15CA - 15CB Forms?

The following individuals and entities must file these forms before making any payment to a foreign party:

• Individuals or businesses making payments to non-residents (foreign remittances).
• Companies making payments that fall under the purview of Section 195 of the Income Tax Act.
• Entities making foreign remittances in the form of salaries, consultancy fees, royalties, etc.

Who is Exempt from Filing the 15CA - 15CB Forms?

Payments that are not subject to tax deduction at source (TDS) or payments under specific exemptions may not require the filing of Form 15CA and 15CB. Consult with a tax expert to confirm if your transaction qualifies for exemption.

What is the Deadline for Filing the 15CA - 15CB Forms?

The forms must be filed before any remittance is made to a non-resident. Filing the forms is an integral part of the remittance process, ensuring that all taxes are duly paid and in accordance with the law.

Structure of the 15CA - 15CB Forms

The 15CA and 15CB filing consists of two key parts:

• Form 15CA: This is a self-declaration form by the person making the remittance, confirming that all necessary tax deductions have been made or that the payment is exempt from tax.
• Form 15CB: A certificate issued by a Chartered Accountant (CA) confirming the taxability of the remittance and the amount of tax deducted at source (TDS).

Steps to File the 15CA - 15CB Forms

Follow these steps for a successful filing of 15CA and 15CB:

• Complete Form 15CA, providing information about the remittance and tax deductions.
• Get a Chartered Accountant to fill and certify Form 15CB.
• Submit both forms to the Income Tax Department before making the foreign remittance.

How to File the 15CA and 15CB Forms?

The filing of these forms is done electronically through the Income Tax Department's e-filing portal. Once the forms are filled out and digitally signed, they are submitted to the department for approval.

How to Fill Form 15CB?

Form 15CB requires the Chartered Accountant to verify several details, including the TDS rates, the agreement under which payment is being made, and the relevant provisions of the Income Tax Act. The CA must confirm that the tax deductions are in line with the applicable rules and that the remittance complies with the regulations.

Why Choose GlobalTaxmanIndia for 15CA - 15CB Filing?

With GlobalTaxmanIndia, you get access to:

• Experienced Chartered Accountants for Form 15CB certification.
• Timely and accurate filing to ensure compliance and avoid penalties.
• Assistance in understanding tax deductions and exemptions under the Income Tax Act.
• A seamless online platform for hassle-free filing of forms.

Effortless 15CA - 15CB Filing with Global Taxman

Global Taxman simplifies the entire 15CA and 15CB filing process. We ensure your foreign remittances comply with the Income Tax Act and avoid any penalties or delays. Let our tax experts guide you through the process, ensuring complete compliance every time.