Forms 145 and 146: New Replacements for Form 15CA & 15CB (2026)

Are you an NRI planning a foreign remittance from India? If so, you must understand the latest compliance requirements. You must follow the new remittance reporting framework, which was introduced under the Income Tax Act, 2025, if you are transferring property sale proceeds, rental income, inheritance, investments, or funds from your NRO account. Form 145 and 146 have replaced the previous Forms 15CA and 15CB, effective from 1 April, 2026. Although the objective remains the same, the new Forms allow for more structured reporting and a fully digital filing process. It can be used to ensure tax compliance before funds are remitted outside India.

Read the blog below to learn when Form 145 filing is needed and when a Form 146 CA certificate is needed to avoid delays in repatriation from India and ensure a smooth remittance process.

What are Forms 145 and 146?

Both Forms 145 and 146 are the newly introduced compliance forms for reporting specific payments made to non-residents and foreign companies.

• These new forms have replaced the old Forms 15CA and 15CB, but they serve the same objective, i.e., ensuring tax compliance before overseas remittances.
• They operate under the framework of the Income Tax Act, 2025.
• Even though these forms are the new replacements for 15CA and 15CB, their purpose remains the same.
• Before you start processing a remittance abroad, banks and tax authorities must confirm whether the applicable tax provisions are followed.

What is Form 145?

Form 145 works as a declaration filed by the individual making the remittance. It comprises the following details:

• Remitter and recipient information
• Nature of payment
• Amount being remitted
• Applicable tax details
• Relevant declarations before the remittance is processed

Filing Form 145 informs the Income Tax Department about the remittance and confirms whether the applicable tax provisions have been considered before transferring funds abroad.

When Is Form 145 Required?

It is a declaration filed by the remitter before making a payment to a non-resident or foreign company. It serves as the new 15CA replacement, helping the Income Tax Department track taxable and non-taxable overseas remittances.

Important rules for filing Form 145:

• It must be filled before the remittance is processed.
• It applies to payments made on or after 1 April 2026.
• You must choose the correct part of Form 145 based on the taxability of the remittance and applicable threshold.
• If the remittance exceeds the prescribed limit with no Assessing Officer's certificate, you must file Part C along with a valid Form 146 CA certificate.
• Filing incomplete or incorrect information might result in compliance issues and delay the remittance.

What is Form 146?

It is known as the Chartered Accountant certificate, which replaces Form 15CB. This form is only needed for specific cases where professional certification is mandatory before making a taxable overseas remittance.

Form 146 CA certificate usually verifies:

• Whether the remittance is taxable in India
• Applicable TDS provisions
• Eligibility for relief under a Double Taxation Avoidance Agreement (if applicable)
• Compliance with the relevant provisions of the Income Tax Act.

After certifying these details, Form 146 ensures your taxable remittances are processed in accordance with Indian tax regulations.

When Is Form 146 Required?

Form 146 is the new 15CB replacement issued by a Chartered Accountant. It is not needed for all remittances but only in specific cases where professional certification is mandatory.

Important rules for filing Form 146:

• It is only issued by a qualified Chartered Accountant.
• It is usually required for taxable remittances exceeding Rs. 5 lakhs during a tax year when the Assessing Officer's certificate has not been issued.
• A Chartered Accountant verifies the nature of the payment, taxability, applicable TDS, and any relief available under a Double Taxation Avoidance Agreement (DTAA).
• Acknowledgment details of the Form 146 CA certificate are needed to file Part C of Form 145.

Form 15CA & Form 15CB vs Form 145 & Form 146

Neither Form 145 nor Form 146 changes the overall purpose of reporting remittances. Instead, it simply replaces the earlier forms with updated versions aligned to the Income Tax Act, 2025.

The table below outlines the key differences between them.

What are the Rules for Repatriating Funds Through Form 145 and Form 146?

Before planning an NRO account remittance or any other foreign remittance from India, you must know the following compliance requirements before starting the transfer.

• Ensure the payment is subject to tax under the Income Tax Act.
• Calculate the aggregate value of similar remittances made during the tax year.
• Deduct and deposit TDS, wherever applicable.
• Determine if you need a Form 146 CA certificate or an Assessing Officer's certificate
• File the necessary part of Form 145 before instructing your authorized bank to process the remittance.

Note: You must follow these steps to avoid delays, additional document requests, and a complaint remittance process.

What are the Form 145 Filing Parts (A, B, C & D)?

Taxpayers must know which part of Form 145 applies to their remittance. The form is divided into 4 parts. Each part is designed for a specific type of transaction.

Note: You must choose the correct part for a smooth Form 145 filing and quick processing of your foreign remittance from India.

What Documents are Required for Form 145 Filing?

You must have the following documents at hand before filing Form 145.

• Remitter's PAN card
• Details of the overseas recipient
• Nature and purpose of the remittance
• Remittance amount
• Tax computation (where applicable)
• TDS payment details
• Form 146 CA certificate (if needed)
• Assessing Officer's certificate (where applicable)
• Supporting documents requested by your authorized dealer bank

Keeping these documents ready allows for a faster filing process and reduces the chances of errors or delays.

What is the Step-by-Step Filing Process for Form 145 and Form 146?

Both Forms 145 and 146 are easy to fill out if you have all the necessary information and supporting documents at hand.

1. Determine Taxability

• Check whether the payment is taxable under the Income Tax Act or whether any DTAA benefits apply.

2. Calculate the Total Remittance

• Calculate the aggregate amount being remitted during the tax year to determine the applicable compliance requirements.

3. Obtain Form 146

• If the remittance is taxable and falls under the conditions requiring certification, you must get a Form 146 CA certificate from a Chartered Accountant.

4. Complete Form 145

• Choose the appropriate part (A, B, C, or D) and provide details of the remitter, recipient, remittance amount, purpose, tax deduction, and supporting certificates.

5. Submit the Form Online

• File Form 145 through the Income Tax e-Filing portal before instructing your authorized dealer bank to process the remittance.

6. Complete the Remittance

• Once the form is successfully filed and verified, submit the acknowledgment and supporting documents to your bank to process the foreign remittance from India or an NRO account.

Instances Where You Don't Need to File Form 145 or Form 146

Both Forms 145 and 146 are important for many overseas payments; however, they are not needed for all foreign remittances from India. The Income Tax Rules allow specific exemptions when NRI remittance forms are not applicable.

You are not required to file Forms 145 or 146 in the following situations.

• If an individual who has made remittances under the Liberalized Remittance Scheme (LRS) does not need prior approval from the RBI.
• Remittances made by a unit in an International Financial Services Center (IFSC).
• Payments made under specific RBI purpose codes for which furnishing Form 145 is not required under Rule 220.
• Where the remittance falls under a prescribed exemption notified under the Income Tax Rules, 2026.

Note: In case you do not know whether your transaction qualifies for an exception, you must consult your bank or a tax professional before initiating the repatriation from India.

Common NRI Scenarios

Before filing Form 145 and Form 146 CA certificate, there are certain requirements based on the type of remittance and its taxability.

Here are a few common examples.

All remittances are unique. Hence, the applicable compliance requirements must be determined based on the nature of the transaction, taxability, and the provisions of the Income Tax Rules, 2026.

Conclusion

The Forms 145 and 146 are an important update to India's foreign remittance compliance network. They have replaced the old Forms 15CA and 15CB and ensured that all applicable tax obligations are met before funds are transferred outside India. If you are planning to repatriate property sale proceeds, transfer rental income, or make an NRO account remittance, you must understand when to file Form 145 and when the Form 146 CA certificate applies to avoid delays and remain compliant with the latest regulations.

You can also contact Visament if you require assistance with repatriation from India or are not sure which form applies to your transaction. They have trained experts who can simplify the overall process, provide document verification and compliance support, and coordinate the required paperwork for overseas remittances.