15CA - 15CB Filing
Accurate 15CA - 15CB Filing with OSBS Accounting Solutions Private Limited
Form 15CA and 15CB are required for any payments made to foreign entities or individuals, including those in the nature of fees, royalties, or interest. These forms are used to report foreign remittances and ensure compliance with tax laws in India, particularly with the Tax Deducted at Source (TDS) provisions.
At OSBS Accounting Solutions Private Limited, we provide efficient 15CA and 15CB filing services to ensure that your foreign remittance transactions comply with Indian tax laws and avoid penalties.
Who Needs to File 15CA - 15CB?
Resident individuals, firms, or companies making payments to non-resident foreign entities
Payments for fees, royalties, interest, consulting, professional services, or any other foreign remittances
Payments exceeding the prescribed limit under the Income Tax Act, requiring TDS deduction
Why Choose OSBS for 15CA - 15CB Filing?
Expert Filing for Foreign Remittances: Our team has in-depth knowledge of foreign remittance laws and ensures your payments are reported correctly using 15CA and 15CB forms.
Timely and Accurate Filing: We ensure your filings are completed accurately and on time, avoiding any penalties or issues with the tax authorities.
Comprehensive Assistance: We provide complete support, from collecting documents to submitting forms and obtaining necessary certifications from Chartered Accountants.
Confidential and Secure Filing: Your financial and transaction data is handled securely with the utmost confidentiality.
Documents Required for 15CA - 15CB Filing
PAN Card of the remitter (payer)
Details of payment to the foreign party, including the amount, purpose, and nature of the remittance
TDS Certificates (if applicable)
Chartered Accountant's Certification (Form 15CB): This certification is issued by a Chartered Accountant verifying that the remittance is in accordance with tax laws and the appropriate TDS has been deducted.
Payment Details: Bank details of the foreign party, including bank name, account number, and SWIFT code
Copies of agreements or contracts related to the payment (if applicable)
Steps Involved in 15CA - 15CB Filing
Collect the Necessary Documents: Gather the details of the remittance, TDS certificates, and the relevant agreements or contracts.
Obtain CA Certification (Form 15CB): A Chartered Accountant certifies that the appropriate TDS has been deducted and that the payment complies with Indian tax laws.
Fill and Submit Form 15CA: After receiving the CA’s certification, the next step is to fill and submit Form 15CA online through the Income Tax Portal.
Submission of Form 15CB: Simultaneously, submit the Form 15CB to confirm the TDS deduction and the compliance of the remittance with the Income Tax Act.
E-Filing Confirmation: Once filed, you will receive a confirmation of your 15CA submission, which must be kept for records and used for making the payment.
How OSBS Helps with 15CA - 15CB Filing
Accurate Filing: We ensure that your foreign remittance transactions are properly reported in compliance with tax laws.
Timely Filing: Our team ensures that the 15CA and 15CB forms are filed promptly, avoiding delays and potential penalties.
Chartered Accountant Certification: We facilitate the required CA certification (Form 15CB), streamlining the filing process.
End-to-End Support: From document collection to submission, we provide full assistance in completing the 15CA - 15CB filing process.
File Your 15CA - 15CB with Confidence – OSBS Accounting Solutions Makes Foreign Remittance Filing Easy and Accurate.
Trust OSBS Accounting Solutions Private Limited for precise and timely filing of your 15CA and 15CB forms, ensuring full compliance with tax regulations.
