Form 145 (Earlier Form 15CA) – Foreign Remittance Declaration
Form 145 is a mandatory online declaration required when making payments to a non-resident or foreign entity. It is filed on the income tax portal to report details of the remittance, its nature, and applicable tax implications.
Under the Income Tax Rules, 2026, Form 145 ensures that all foreign remittances are tracked and that tax compliance is completed before funds are transferred outside India.
When is Form 145 Required?
Form 145 is required in the following situations:
- When making payments to non-residents or foreign companies
- When the remittance may be taxable in India
- When banks require compliance documentation before processing outward remittance
- When no exemption applies under income tax provisions
In most cases, this form must be filed before the remittance is processed by the authorised dealer (bank).
Types of Form 145
Form 145 is divided into different sections depending on the nature of the transaction:
- Part A – For small remittances below prescribed limits
- Part B – Where a lower or nil TDS certificate is obtained
- Part C – Where a CA certificate (Form 146) is required
- Part D – For non-taxable remittances
Selecting the correct part is critical to avoid rejection or delays.
Key Details Required in Form 145
To file Form 145 correctly, the following details are required:
- PAN of the remitter
- Details of the foreign recipient
- Nature and purpose of remittance
- Amount of remittance
- Applicable TDS and taxability
- Supporting documents (agreements, invoices, etc.)
Common Mistakes to Avoid
- Incorrect classification of remittance type
- Not obtaining Form 146 where required
- Mismatch between Form 145 and TDS filings
- Filing under wrong section (Part A/B/C/D)
These errors can lead to delays, penalties, or remittance rejection by banks.
How N D Savla & Associates Can Help
At N D Savla & Associates, we assist clients in handling foreign remittance compliance end-to-end.
Our services include:
- Determining taxability of remittance
- Accurate preparation and filing of Form 145
- Coordination for Form 146 certification
- Advisory on DTAA applicability
- Ensuring smooth processing with banks
F.A.Q.
Form 145 is an online declaration required when making payments to non-residents. It captures details of the remittance, its nature, and applicable tax before funds are transferred outside India.
Form 145 is required when a payment is made to a foreign entity or non-resident, especially if the transaction is taxable or the bank requires compliance documentation before processing the remittance.
Form 145 is mandatory in most cases. However, certain non-taxable transactions or specified exemptions may not require detailed filing under all sections of the form.
Form 145 is divided into four parts:
- Part A – Small remittances
- Part B – Where lower or nil TDS certificate is available
- Part C – Where CA certificate (Form 146) is required
- Part D – Non-taxable remittances
Yes, Form 145 can be filed without Form 146 in certain cases like small or non-taxable remittances. However, for taxable transactions above specified limits, Form 146 is required.
If Form 145 is not filed where required, the bank may refuse to process the remittance. It can also lead to compliance issues, penalties, or scrutiny from tax authorities.
The responsibility lies with the person making the payment (remitter). In practice, professionals or consultants often assist in accurate filing.
