Filing of 15ca, 15cb

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Vishnu S (Querist)

01 April 2016 Today evening, I tried to upload 15CA of one of our client, but I got an error message saying choose valid form or likewise. I first thought it was because I used older version of the Java utility and went online to download latest version. I couldn't find the Java utility for 15CA. Instead I found Java utility for Form 15CB. I tried searching online for any changes in IT rules regarding filing of 15CA and 15CB.

My query is that is there any changes in laws and rules regarding filing of 15CA, CB? Is it now mandatory to file 15CB online? Is it needed to file 15CB online?

Thanking you in advance.

Sathish M

Sathish M (Expert)

02 April 2016 With effect from 1.04.2016, the CBDT has amended Rule 37 BB of the Income tax rules. It now requires filing of Form 15 CA and Form 15 CB electronically. 33 transactions are given exemption from filing. You can check the details from the link -

https://www.incometaxindia.gov.in/_layouts/15/dit/pages/viewer.aspx?grp=rule&cname=cmsid&cval=103120000000007406&k=&isdlg=0

Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

PRESS RELEASE

Dated: 17th December, 2015

Sub: Furnishing of information in respect of payments made to the non-residentregarding.

Section 195 of the Income-tax Act (‘the Act’)empowers the Central Board of Direct
Taxes to capture information in respect of payments made to non-residents, whether
chargeable to tax or not. Rule 37 BB of the Income-tax Rules has been amended to strike a
balance between reducing the burden of compliance and collection of information under
section 195 of the Act.

The significant changes under the amended Rules are:
No Form 15CA and 15CB will be required to be furnished by an individual for
remittance which do not requiring RBI approval under its Liberalised Remmittace
Scheme (LRS)

Further the list of payments of specified nature mentioned in Rule 37 BB which do
not require submission of Forms 15CA and 15CB has been expanded from 28 to 33
including payments for imports.

A CA certificate in Form No. 15CB will be required to be furnished only in respect of
such payments made to non-residents which are chargeable to tax and the amount of
payment during the year exceeds Rs. 5 lakh.

The amended Rules will become applicable from 01.04.2016.

Notification No. G.S.R. 978(E) dated 16th December, 2015 is available on the website of the
Department at www.incometax.gov.in.

(Shefali Shah)

Pr. Commissioner of Income Tax (OSD)
Official Spokesperson, CBDT

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