Form 15CB is the Chartered Accountant's certificate confirming the tax position on a foreign remittance required only when a taxable payment to a non-resident exceeds ₹5 lakh in a financial year. From 1 April 2026, it's renamed Form 146 under Section 393 of the Income-tax Act, 2025, alongside the remitter's own declaration, now Form 145 (formerly Form 15CA). TaxLegit reviews the underlying treaty position and issues the certificate so your bank can release the transfer.
What Is Form 146 (Formerly Form 15CB)?
Form 146 is a certificate issued by a practising Chartered Accountant confirming the taxability of a payment to a non-resident or foreign company, the correct rate of tax deduction, and compliance with the applicable Double Taxation Avoidance Agreement required before an Authorised Dealer bank will release the transfer. It sits alongside Form 145, the remitter's own electronic declaration; the CA certificate is not always required, only where the remittance is taxable and crosses the threshold.
