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CA CERTIFICATE IN FORM 15 CA & 15CB.

T.N.Reddy (M.Com) (278 Points)

01 October 2021

Sir, I am NRI, staying in London. I have NRE Account in India. Now I would like to take the money to London, do I have to produce the CA Certificate in From 15CA and 15CB, kindly advise.

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (194161 Points)
Replied 01 October 2021

No. Not required. ..........

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Roodita Gaikwad (Practice) (4650 Points)
Replied 22 April 2025

As an NRI transferring funds from your NRE account to your foreign account, you are generally not required to file Form 15CA and Form 15CB, provided the remittance is within the limits and falls under the Liberalized Remittance Scheme (LRS) of the RBI.

Form 15CA: Typically required for payments to non-residents. If the payment is being made to yourself as an NRI and does not involve any income or tax deduction, Form 15CA may not be needed.
Form 15CB: This form is a CA certificate confirming tax compliance. If there is no TDS applicable (i.e., no income tax liability on the remittance), Form 15CB is generally not required for transfers from an NRE account.

However, if the amount exceeds the limit specified by the LRS scheme (currently ₹250,000 per year), or if the remittance involves any income subject to TDS, Form 15CA and Form 15CB would be necessary.

To avoid confusion and ensure compliance with all regulations, you can consult your bank or Chartered Accountant for further guidance, especially if your transfer involves multiple payments or exceeds the permissible limit.

If you need help generating Form 15CA and 15CB quickly, we offer an Excel-based utility to generate the XML files in bulk for easy and accurate filing.