How to File Form 15CA

1. Introduction

We all know that the Income tax Department has moved to a new interactive website for better user experience. However, the website www.incometax.gov.in is still in the transition phase and users are still facing many problems related to filling of different forms. One such form which has frequent utility for taxpayers making remittances abroad is Form 15CA and 15CBs.

In view of difficulties faced by taxpayers in electronic filing of Income Tax Forms 15CA/15CB on the new e-filing portal www.incometax.gov.in., the Central Board of Direct Taxes (CBDT) vide press release, dated 14-06-2021 had decided that taxpayers can submit the aforesaid Forms in manual format to the authorized dealers till June 30, 2021. This date was further extended to July 15, 2021, vide press release, dated 05-07-2021. The date was further extend to 15-08-2021.

Post 15-08-2021, the online filling of form 15CA and 15CB has resumed. We are sharing the step by step guide to file form 15CA to dissolve the confusion in filling form 15CAs and 15CBs.

2. About the Form

This form enables the users to file Information to be furnished for payments to a non-resident not being a company, or to a foreign company. Form 15CA is filed for each remittance made by a person responsible for such remittance, before remitting the amount. The form is required to be filed under Rule 37BB of the Income Tax Rules, 1962.

In some cases, a Certificate from Chartered Accountant in form 15CB is required for uploading the Form 15CA online.

Form 15CA has four sections:

1. Part A – If remittance or the aggregate of such remittances is chargeable to tax and does not exceed 5 lakh rupees during the financial year
2. Part B – If remittance is chargeable to tax and the remittance or the aggregate of such remittances, exceeds 5 lakh rupees during the financial year and an order / certificate u/s 195(2) / 195(3) / 197 has been obtained from the AO
3. Part C – If remittance is chargeable to tax and the remittance or the aggregate of such remittances, exceeds 5 lakh rupees during the financial year and a certificate in Form No. 15CB from an accountant has been obtained
4. Part D – If remittance is not chargeable to tax

3. Prerequisites for availing this service

• Registered user of the e-Filing portal with valid user ID and password

• CA should have filed Form 15CB (for Part – C only)

4. Step By Step Guide to file different Parts of form 15CA:

• Part A: Enter the details of remitter, remittee and the remittance details. Part A also includes the Verification from the person submitting Form 15CA. The Part A of Form 15CA is to be filed If:

a.        remittance is chargeable to tax and

b.        remittance does not exceed 5 lakh rupees during the financial year

• Part B: Part B of the form is filed if
  • remittance is chargeable to tax and
  • the remittances exceeds 5 lakh rupees during the financial year or
  • an order / certificate u/s 195(2) / 195(3) / 197 has been obtained from the AO

Enter the details on remitter, remittee, AO Order details and the remittance details. Part B also includes the Verification from the person submitting Form 15CA.

• Part C: Part C of the form is to be filed if the remittance

a. chargeable to tax and

b. the remittance or the aggregate of such remittances, exceeds 5 lakh rupees during the financial year and a certificate in Form No. 15CB from an accountant has been obtained.

Apart from the remittee and remittance details, enter the details of the CA to whom the form is to be submitted and the related attachments.

• Part D: Part D is filed if the remittance is not chargeable Enter the details of remitter, remittee and the remittance details. Part D also includes the Verification from the person submitting Form 15CA.

5. How to Access and Submit

5.1 Submitting Form 15CA – Part A / B / D (Online Mode)

Step 1: Log in to the e-Filing portal using user ID and password.

Step 2: On your Dashboard, click e-File > Income Tax Forms > File Income Tax Forms.

Step 3: On the File Income Tax Forms page, select the Form 15CA. Alternatively, enter Form 15CA in the search box to file the form. 

Step 4: On the Instructions page, click Let’s Get Started. 

Step 5: On click of Let’s Get Started, Form 15CA is displayed. Select the applicable section and fill all the required details as explained above. Click Proceed. 

Step 6: On the Preview page, verify the details and click Proceed to e-Verify.

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Step 7: Click Yes to submit. 

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Step 8: On clicking Yes, you will be taken to the e-Verify page.

After successful e-Verification, a success message is displayed along with a Transaction ID and Acknowledgement Number. Please keep a note of the Transaction ID and Acknowledgement Number for future reference. You will also receive a confirmation message on your email ID and mobile number registered with the e-Filing portal.

5.2 If you want to fill Form 15CA – Part C

Step 1: Choose Part C of the form. 

Step 2: In case, you haven’t added a CA, select a CA to assign the form. 

When you have successfully assigned the form, a success message will be displayed with a Transaction ID. An email confirming successful assigning of your form is sent to your and the CAs email registered and a message on your registered mobile number with the e-Filing portal.

Step 4: Once the CA has submitted Form 15CB, you can either Accept or Reject Form 15CA and click Submit.

Note:

• In case you reject the form, you will have to provide a reason in the textbox.
• In case you accept the form, you will be required to enter the remaining details.

Step 5: After accepting the form, you will be taken to the e-Verify page. You can verify the Form using DSC or EVC.

After successful e-Verification, a success message is displayed along with a Transaction ID and Acknowledgment Number. Please keep a note of the Transaction ID and Acknowledgement Number for future reference. You will also receive a confirmation message on the email ID registered on the e-Filing portal.

Thank You for Reading.

CA Gopal Aggarwal

Aggarwal Mahavir & Associates

209, Hans Bhawan Wing II, ITO IP Estate,

Delhi- 110002

9968451545

Email- camahaviraggarwal@gmail.com

_{Attachment credits to the Income Tax Department’s website}