What documents do I need to send property sale money abroad?

If you're an NRI repatriating taxable property sale proceeds exceeding Rs 5 lakh in a financial year, your bank will require a CA-certified Form 15CB plus your own Form 15CA before transferring the money. Threshold: generally required above Rs 5 lakh of taxable remittance in a financial year Form 15CB: CA certifies the nature and taxability of the remittance Form 15CA: your own online declaration, referencing the 15CB Banks won't process the transfer without these where applicable - budget extra processing time

Do I need a CA certificate to repatriate property sale proceeds?

If you're an NRI repatriating taxable property sale proceeds exceeding Rs 5 lakh in a financial year, your bank will require a CA-certified Form 15CB plus your own Form 15CA before transferring the money. Threshold: generally required above Rs 5 lakh of taxable remittance in a financial year Form 15CB: CA certifies the nature and taxability of the remittance Form 15CA: your own online declaration, referencing the 15CB Banks won't process the transfer without these where applicable - budget extra processing time

CAPGAIN › Answers › Capital gains & TDS on property › When Do I Need Form 15CA/15CB to Send Property Sale Money Abroad?

When Do I Need Form 15CA/15CB to Send Property Sale Money Abroad?

Short answer: If you're an NRI repatriating taxable property sale proceeds exceeding Rs 5 lakh in a financial year, your bank will require a CA-certified Form 15CB plus your own Form 15CA before transferring the money.

Law: Rule 37BB, Income-tax Rules 1962 · Authority: CBDT · Status: in force · Checked 25 Sept 2026

What you need to know

Threshold: generally required above Rs 5 lakh of taxable remittance in a financial year
Form 15CB: CA certifies the nature and taxability of the remittance
Form 15CA: your own online declaration, referencing the 15CB
Banks won't process the transfer without these where applicable - budget extra processing time

Who this applies to: NRIs repatriating property sale proceeds, CAs

Official / primary source: incometax.gov.in (government source)

The law behind it

Form 15CA and Form 15CB - remitting property sale proceeds abroad

Before an NRI can remit the sale proceeds of Indian property abroad, a Chartered Accountant must first certify the tax position on Form 15CB, and the remitter (or NRI) then files a self-declaration, Form 15CA, on the income-tax portal. The bank will not process the foreign remittance without both, along with proof of TDS already deducted/paid.

Form 15CA (self-declaration) and Form 15CB (CA certificate); renumbered Form 145 and Form 146 under Income-tax Act 2025 · amended · source

Form 15CA - Declaration for Remitting Money Abroad

Before a bank remits money abroad (e.g. an NRI's property sale proceeds), the remitter files this online declaration on the nature and tax status of the payment - typically alongside Form 15CB for taxable amounts above the threshold.

Form 15CA, read with Rule 37BB · in force · source

Form 15CA and Form 15CB for Remittances Abroad

Before a bank sends money abroad on behalf of an NRI or a resident, the remitter must usually file an online Form 15CA, backed by a Chartered Accountant's Form 15CB certifying the correct tax has been deducted. This is what lets banks process property sale proceeds or LRS remittances smoothly.

Rule 37BB, Income-tax Rules 1962 · in force · source

Form 15CB - Chartered Accountant Certificate for Foreign Remittance

A practising CA certifies the nature of the payment, applicable rate, and TDS status before larger taxable remittances abroad. This certificate feeds into Form 15CA.

Form 15CB, read with Rule 37BB · in force · source

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