Form 15CB Is Now Form 146 — NRI Remittance Guide 2026

Why Authorised Dealer Banks Require CA Certification

Before releasing funds outside India, Authorised Dealer (AD) banks require verification that Indian tax obligations on the underlying income or remittance have been satisfied. Under the Income-tax Act, 1961, this requirement was fulfilled via Form 15CA (remitter's declaration) and Form 15CB (Chartered Accountant certificate).

For remittances on or after 1 April 2026 under the Income-tax Act, 2025, these forms are renumbered: Form 15CA becomes Form 145, and Form 15CB becomes Form 146.

The ₹5 Lakh Aggregation Rule

A CA certificate in Form 15CB (Form 146) is required where the remittance is taxable and aggregate remittances to the same non-resident recipient exceed **₹5 lakh** in the financial year. Splitting payments into smaller tranches to stay below ₹5 lakh does not avoid certification, as aggregation applies across the entire Tax Year.

Documents Required for CA Certification

To issue Form 15CB / Form 146, the Chartered Accountant requires:

• Copy of agreement / sale deed / invoice for the transaction
• Bank statement showing receipt of funds in NRO/NRE account
• Tax Residency Certificate (TRC) and Form 10F if claiming DTAA treaty benefits
• PAN card copy of remitter and beneficiary

Common AD Bank Counter Rejections

Remittances are most frequently rejected at bank counters due to: mismatch between beneficiary name on Form 15CA and bank records, missing TRC for DTAA rate claims, or uploading Part A instead of Part C when aggregate threshold is exceeded.

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