Form 15CA / 15CB Filing • LRS Compliance • TCS on Foreign Remittance • NRO Repatriation
Whether you're sending money abroad for education, medical treatment, property purchase, investment, or an NRI repatriating funds from your NRO account — CA Alok Kumar provides expert Form 15CA/15CB filing, TCS advisory, DTAA benefit optimization, and end-to-end bank liaison. We handle Section 195 TDS on NRI payments, Section 197 lower TDS certificates, and ensure RBI/FEMA compliance for hassle-free remittance.
Expert filing of Form 15CA (Part A/B/C/D) and CA certificate in Form 15CB. Verification of payment nature, TDS compliance, DTAA applicability, and tax computation. 1-3 day turnaround.
End-to-end assistance for NRI/OCI fund repatriation from NRO to NRE or foreign bank account. Tax verification, 15CA/15CB, bank liaison, A2 form preparation. Up to USD 1 million per FY.
Section 206C(1G) TCS advisory — education, medical, tour package, investment. Budget 2025 updated rates. ₹10 lakh threshold. TCS credit & refund assistance during ITR filing.
TDS deduction on payments to NRIs — rent, property sale (capital gains), professional fees, interest. Correct rate determination considering DTAA. TDS return filing & Form 16A.
Application for lower/nil TDS certificate for NRIs under Section 197 or 195(2)/(3). Reduces TDS on property sale, rent, professional income. Enables Form 15CA Part B filing.
Analysis of Double Taxation Avoidance Agreements with 90+ countries. TRC (Tax Residency Certificate) verification, Form 10F filing, treaty rate application for reduced withholding tax.
Complete handling of property sale by NRIs — capital gains computation, TDS deduction u/s 195, 15CA/15CB filing, bank coordination for repatriation of sale proceeds.
Coordination with AD (Authorized Dealer) banks — SBI, ICICI, HDFC, Axis, etc. A2 form preparation, purpose code mapping, RBI compliance, document submission for smooth remittance.
Form 15CA has 4 parts. Which part you file depends on whether the payment is taxable, the amount, and whether you have a CA certificate or AO order.
Taxable remittance — up to ₹5 Lakh in FY
Self-declaration by remitter. No CA certificate (Form 15CB) required. Filed when the taxable remittance or aggregate does not exceed ₹5 lakh during the financial year.
Taxable > ₹5L + AO Order u/s 195/197
Filed when taxable remittance exceeds ₹5 lakh AND you have obtained an order/certificate from Assessing Officer under Section 195(2), 195(3), or 197 (lower/nil TDS certificate).
Taxable > ₹5L + CA Certificate (15CB)
The most common part. Filed when taxable remittance exceeds ₹5 lakh, no AO order obtained, and a Chartered Accountant has issued Form 15CB. CA verifies TDS, DTAA, and compliance.
Remittance NOT chargeable to tax
Filed when the remittance is not chargeable to tax under Income Tax Act — e.g., return of capital, exempt income, certain personal transfers. No 15CB required.
From 1 April 2025, the TCS threshold on LRS remittances is raised to ₹10 lakh. TCS is collected by banks/authorized dealers and is refundable when filing ITR.
| Purpose of Remittance | Threshold (₹/FY) | TCS Rate ≤ Threshold | TCS Rate Above Threshold | Without PAN |
|---|---|---|---|---|
| Education — Self-funded | 10,00,000 | 0% | 5% | 10% |
| Education — via Specified Loan (Sec 80E) | 10,00,000 | 0% | 0% | — |
| Medical Treatment Abroad | 10,00,000 | 0% | 5% | 10% |
| Overseas Tour Package | 10,00,000 | 5% | 20% | 10% / 20% |
| Other Purposes (investment, gift, property, maintenance) | 10,00,000 | 0% | 20% | 20% |
Key: TCS = Tax Collected at Source under Sec 206C(1G). Collected by bank at time of remittance. Credit available in Form 26AS — adjustable against ITR tax liability or refundable. International credit card overseas spending currently exempt from TCS.
Calculate TCS on your planned foreign remittance. Enter the purpose, total amount remitted in this FY, and get instant TCS computation.
Under RBI's LRS, resident individuals (including minors) can remit up to USD 250,000 per financial year. Here are all permitted purposes and key rules.
Tuition fees, hostel, living expenses for overseas education. Covers university fees, examination fees, and related academic expenses. TCS @5% above ₹10L (0% if via specified loan).
Hospital expenses, surgery, treatment costs, medical tourism. Covers travel & stay expenses for patient and one attendant. TCS @5% above ₹10 lakh threshold.
International holiday packages, travel tickets, hotel bookings. TCS @5% up to ₹10L, @20% above ₹10L for tour packages from operators. Individual booking via LRS at other rates.
Equity shares, debt securities, mutual funds abroad, real estate purchase overseas. Covers direct investments and portfolio investments. TCS @20% above ₹10 lakh.
Financial support to NRI/foreign relatives — parents, children, siblings. Covers maintenance, gift, and financial assistance. TCS @20% above ₹10 lakh threshold.
Deposits required for immigration applications, foreign bank account opening. Covers visa processing fees, immigration bonds, and settlement expenses abroad.
LRS limit of USD 250,000 is per individual per financial year — a family of 4 can remit up to USD 1 million. Minors can also remit through their guardian. The limit includes all purposes combined (education + travel + investment = total ≤ USD 250,000). Remittance for purchase of lottery tickets, banned magazines, prohibited items is not allowed. Companies, firms, trusts, and HUFs cannot use LRS — only resident individuals. Banks report all LRS transactions to RBI. PAN is mandatory for LRS transactions.
NRIs can repatriate up to USD 1 million per financial year from their NRO account. Here is the complete process with CA Alok Kumar's assistance.
CA verifies that all Indian income (rent, interest, capital gains, dividends) has been properly offered to tax and ITR filed. Checks Form 26AS, AIS, TDS credits, and outstanding demands.
Chartered Accountant prepares and files Form 15CB online on incometax.gov.in. Certifies payment nature, applicable TDS rate, DTAA provisions, tax residency, and amount eligible for remittance.
After 15CB is filed by CA, the NRI/remitter files Form 15CA (Part C) on the income tax portal. Links the 15CB acknowledgement number. E-verifies via DSC or EVC.
Submit 15CA acknowledgement + 15CB certificate + A2 form + supporting documents to your bank (AD — Authorized Dealer). Bank processes remittance within 1-3 working days.
| # | Nature of Payment (Rule 37BB Exempt) | Key Condition |
|---|---|---|
| 1 | Import of goods (trade payments) | With valid import documentation |
| 2 | Shipping / airline ticket purchase | Direct payment to carrier |
| 3 | Remittance for medical treatment | Individual — doesn't need RBI approval |
| 4 | Remittance for education fees | Individual — university fee payment |
| 5 | Remittance towards living expenses of student abroad | Individual — within LRS limit |
| 6 | Travel abroad (business or personal) | Individual — doesn't need RBI approval |
| 7 | Gift/donation to foreign person | Individual — within LRS limit |
| 8 | Contribution to foreign social security | Individual abroad |
| 9 | Payment for maintenance of close relatives abroad | Individual — within LRS limit |
| 10 | Indian investment abroad (equity/debt) | Individual under LRS |
Note: Rule 37BB lists 33 categories of payments by individuals under LRS that don't require Form 15CA/15CB. However, banks may still request these forms under their internal controls. When in doubt, consult CA Alok Kumar for clarity.
Triple qualification — technically accurate CA certification, legally sound DTAA analysis, and AI-powered compliance verification for every remittance.
Fast-track Form 15CA/15CB filing. We verify documents, prepare certificate, and file within 1-3 working days. Urgent same-day service available.
Serving NRIs in USA, UK, Canada, Australia, UAE, Singapore, Europe, and 50+ countries. Complete remote service — no need to visit India physically.
Direct coordination with SBI, ICICI, HDFC, Axis, Kotak, and all AD banks. We handle A2 forms, purpose codes, document submission, and query resolution.
Extensive experience in NRO repatriation, property sale remittance, inheritance transfer, business payments, and all categories of foreign remittance.
Expert knowledge of DTAAs with USA, UK, UAE, Singapore, Australia, Canada, Germany, and 90+ countries. Optimize withholding rates and treaty benefits.
Form 15CA is an online declaration filed by the remitter on incometax.gov.in before sending money outside India. It ensures TDS compliance on payments to non-residents. Form 15CB is a certificate issued by a Chartered Accountant certifying the nature of payment, applicable TDS rate, DTAA provisions, and tax compliance. 15CB is mandatory when taxable remittance exceeds ₹5 lakh in a FY and no AO order exists.
Under RBI's Liberalised Remittance Scheme (LRS), all resident individuals (including minors through guardians) can remit up to USD 250,000 per financial year. This covers education, medical, travel, investment, gift, maintenance, and other permitted purposes. The limit is per person per year — a family of 4 can send up to USD 1 million. Companies, firms, and trusts cannot use LRS.
From 1 April 2025, TCS (Tax Collected at Source) under Section 206C(1G) applies on LRS remittances above ₹10 lakh per FY. Rates: Education (self-funded) 5%, Education (loan u/s 80E) 0%, Medical 5%, Tour packages 5%/20%, Other purposes 20%. TCS is NOT an extra cost — it reflects in Form 26AS and is fully adjustable against your income tax liability when filing ITR. If no tax is payable, you can claim a refund of the entire TCS amount.
NRIs can repatriate up to USD 1 million per FY from NRO to NRE or foreign bank account. Process: (1) Ensure all Indian income is taxed and ITR filed, (2) Get CA certificate in Form 15CB, (3) File Form 15CA online, (4) Submit 15CA acknowledgement + A2 form + documents to bank, (5) Bank processes within 1-3 days. No physical presence in India required — the entire process can be done remotely with CA Alok Kumar's assistance.
Rule 37BB lists 33 categories of payments where 15CA/15CB is not required — including imports, education fees, medical treatment, travel expenses, gifts to relatives, and other personal transfers by individuals under LRS that don't need prior RBI approval. Also not required when: payment is not taxable under Income Tax Act, payment is credited to NRO account (not remitted abroad), or amount is below ₹5 lakh and not taxable. However, banks may still request forms under internal controls.
Section 195 requires TDS deduction on any payment to a non-resident that is chargeable to tax in India — rent, property sale proceeds, professional fees, interest, royalty, etc. TDS rates depend on the nature of income and applicable DTAA. For property sale: 12.5% on LTCG (after indexation), 20% on STCG. NRIs can apply for lower/nil TDS certificate under Section 197 to reduce withholding. The buyer/payer must file TDS return and issue Form 16A.
Under Section 271I, penalty of up to ₹1,00,000 for non-filing or furnishing inaccurate information in Form 15CA. Banks will refuse to process the remittance without a valid 15CA acknowledgement. Filed Form 15CA can be withdrawn within 7 days if needed. There is no time limit for filing 15CA, but it must be filed before the remittance is made.
For Form 15CB, provide: PAN of remitter and remittee (if available), passport copy (for NRIs), last 2-3 years ITR copies, Form 26AS / AIS, NRO & NRE bank statements, property sale agreement (if applicable), TDS challans, TRC (Tax Residency Certificate) for DTAA benefit, Form 10F (for non-residents claiming DTAA), and invoice/contract for the payment. CA Alok Kumar's team provides a detailed checklist upon engagement.
From Form 15CA/15CB filing to NRO repatriation, TCS advisory, DTAA benefits, and bank liaison — CA Alok Kumar handles your entire foreign remittance compliance. NRIs served worldwide — no physical visit needed.
