Form 15CA and 15CB are declarations under the Income Tax Act, 1961 in India, relating to foreign remittances made by a person.
Form 15CA is the self-declaration by the person making foreign remittance, setting out details of the person to whom payment is made, nature of such payment, date, amount, and currency in which the transaction has been carried out and the bank through which the transfer has been carried out. Form 15CA is to be filed in almost all cases of foreign remittance, except in cases of transfers, which do not require the permission of the Reserve Bank of India.
Form 15CB is a certificate by a Chartered Accountant in practice, verifying and certifying that the particulars given by the remitter in Form 15CA are true and correct. Form 15CB is not required to be furnished in case of every foreign remittance. It is required only in the case of such remittances which are in the form of taxable receipts in the hands of the recipient and the value exceeds Rs. 5 lakhs.