Form-15CA VS 145_for FY 25-26 from FY 26-27

[Nikhil Bhudolia]

Dear Sir/Ma'am,

If we are remitting against FY 25-26 some reimb, salary etc to outside India, in May-26, under which form we should file 15CA or 145, we filed 15CA but bankers are insisting for 145, Pls suggest.

 

[YAGAY andSUN]

Form 145 is a mandatory declaration introduced under the Income Tax Rules, 2026, effective from April 1, 2026, which replaces the old Form 15CA for foreign remittances. It must be filed online on the income tax portal by anyone making payments to non-residents or foreign companies to document tax compliance before the funds are sent.

https://www.incometax.gov.in/iec/foportal/newformpage/forms/form145-UM

[Ryan Vaz]

If the remittance (salary reimbursement, reimbursement, service payment, etc.) to a non-resident is:

• Taxable in India and aggregate remittance exceeds Rs. 5 lakh in the FY Form 15CB + Form 15CA Part C is generally required.
• Not taxable in India only Form 15CA Part D may apply.
• Below Rs. 5 lakh and taxableForm 15CA Part A generally sufficient.

So, your bank insisting for "145" is almost certainly a request for Form 15CB, which is the CA certificate required before remittance in many cases.

AI Summary

Foreign remittance compliance disputes over Form 15CA, Form 15CB and the stated introduction of Form 145 for non-resident payments. Foreign remittances for salary reimbursements, reimbursements and service payments to non-residents are discussed in the context of Form 15CA and Form 15CB compliance. One view states that where the remittance is taxable in India and the aggregate amount exceeds the stated threshold, Form 15CB with Form 15CA Part C is generally required; where the remittance is not taxable in India, Form 15CA Part D may apply; and where the amount is below the threshold and taxable, Form 15CA Part A is generally sufficient.