Foreign Remittance Certification (Form 145 & 146)
Before most payments to a non-resident or foreign company leave India, the law requires a declaration — and, for taxable remittances above a threshold, a Chartered Accountant's certificate confirming the correct TDS treatment. Your bank will not process the remittance without it.
Under the Income-tax Act, 2025 (from 1 April 2026), these are the new Form 145 (declaration) and Form 146 (CA certificate) — the successors to Forms 15CA and 15CB. The substance is the same; the form numbers and section references have changed.
Key features and requirements
- Form 145: the remitter’s declaration for payments to non-residents (formerly 15CA)
- Form 146: the Chartered Accountant’s certificate for taxable remittances above the threshold (formerly 15CB)
- Governed by the withholding provisions of the Income-tax Act, 2025 (Section 195 renumbered as 393)
- Required before the bank processes the foreign remittance
- DTAA analysis to apply the correct (often lower) tax rate
- Remittances up to 31 March 2026 still use the old 15CA/15CB
How TaxSastra handles this
As Chartered Accountants, we examine the transaction, apply the right treaty position and TDS rate, issue Form 146 and file Form 145 — so your remittance clears the bank without delay.
What’s included
- Taxability and DTAA analysis of the remittance
- Determination of correct TDS rate
- Form 146 (CA certificate) issuance
- Form 145 declaration filing
- Coordination with your authorised-dealer bank
- Documentation for repatriation and records