Nro to nre transfer is 15ca /15cb needed

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Mayur - certificate has to be with interest amount.

Replies (19)

Mayur - certificate has to be with interest amount.

Hi

my client is UK citizen & he is not holding PAN. now he want to trf fund from NRO to NRE account. so how to file form 15CA with Income tax department.

Please suggest

Thanks

HI,

I want to tranfer fund from my own nro account to nre account, so in that case the remitter and remittee name, PAN card and country will be same on the form 15 CA?

Is that ok?

Hi,

I need to transfer funds from my nro account to nre account. since i am the account holder for both my name, PAN card country etc will be the same in the remitter and remittee details on the 15 CA form. Is that Ok?

Yes, Form 15CA and Form 15CB are mandatory documents for certain types of remittances to non-residents. These forms help ensure that tax compliance is maintained and TDS (Tax Deducted at Source) is appropriately handled before making the payment.

  1. Form 15CA: This form is to be filed by the assessee (the taxpayer) to report the remittance details. It verifies whether TDS is applicable and ensures compliance with Section 195 of the Income Tax Act.

  2. Form 15CB: This is a certificate from the Chartered Accountant (CA) that certifies the accuracy of TDS deductions related to the remittance. The CA provides the necessary details and confirms that the TDS has been correctly calculated and deducted.

If your bank manager is unsure about the process, it would be advisable to consult with your auditor/CA for the correct procedure. They will be able to issue Form 15CB after verifying the transaction details, and you will need to file Form 15CA with the Income Tax Department.

To simplify the process and ensure timely filing, you can use our Excel-based utility to generate Form 15CA and 15CB XML in bulk. This will help ensure you have all the required documentation and comply with the regulations.

  • Bulk XML generation from Excel

  • Supports all parts – A, B, C, D & CB

  • Easy-to-use and portal-compliant

Download here: https://xltool.in/15ca-15cb/ | www.xltool.in


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