Certification Work - Form 15CA & 15CB

Expert CA-certified documentation for smooth and compliant foreign remittances.

Certification Work for Form 15CA & 15CB is a very high-value compliance service for CA firms because it is mandatory for foreign remittances.

Why It Matters

Whenever an Indian entity makes a foreign remittance (payment outside India), compliance with the Income Tax Act, 1961 and FEMA regulations is mandatory. Banks require:

  • Form 15CA - Declaration of remittance by the remitter
  • Form 15CB - Certification by a Chartered Accountant confirming tax compliance

This ensures that the remittance is:

  • Made at the correct withholding tax rate
  • Compliant with DTAA (Double Taxation Avoidance Agreement) provisions
  • Reported properly to the Income Tax Department & RBI

Non-compliance may result in:

  • Rejection of remittance by banks
  • Penalties & prosecution under IT laws
  • Delays in global transactions affecting credibility

Our Services

Form 15CA Preparation & Filing

  • Assistance in preparing remittance declaration
  • Ensuring accurate reporting of remittance purpose codes
  • Online filing on the Income Tax Portal

Form 15CB Certification (by Chartered Accountant)

  • Verification of remittance nature, applicable DTAA, and TDS provisions
  • Certification of taxability under Indian laws
  • Review of supporting agreements, invoices & documents

Advisory on Foreign Remittances

  • Guidance on applicable TDS rates & exemptions
  • DTAA application to avoid double taxation
  • FEMA advisory for compliance with RBI rules

Bank Coordination

  • Support in submission of certified forms to authorized dealers (banks)
  • Resolving queries raised by banks during processing

Representation & Query Handling

  • Handling Income Tax Department notices related to foreign remittances
  • Advisory on complex remittance transactions (royalties, services, dividends, etc.)

Why Choose FinnovateAI?

  • CA-Led Certification - Authentic certification from qualified Chartered Accountants
  • Accuracy & Compliance - End-to-end verification to avoid legal risks
  • Global Remittance Expertise - Experience across multiple types of foreign payments
  • Fast Turnaround - Quick certification to avoid remittance delays
  • Risk-Free Transactions - Ensuring full compliance with Income Tax & FEMA

Our Process

  • Document Review - Agreements, invoices, nature of payment
  • Taxability & DTAA Check - Apply correct provisions for TDS/exemption
  • Form 15CB Certification - CA issues certification with tax opinion
  • Form 15CA Filing - File declaration online with IT Department
  • Bank Submission - Provide certified forms to your authorized dealer

Who Needs It?

  • Companies making foreign payments for imports, royalties, services, dividends
  • Indian subsidiaries of foreign companies remitting to parent entities
  • Startups & MSMEs engaging with overseas vendors or consultants
  • Exporters/Importers making cross-border settlements
 
     
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