Form 15CA and 15CB Are Now Form 145 and 146 Under ITA 2025 — and the Penalty for Skipping Them Is 100% of the Amount

The banker said we will take care of it. The CA on YouTube said it is just paperwork your bank does. Neither is true. Form 15CA (now Form 145 under ITA 2025) and Form 15CB (now Form 146 under ITA 2025) are the remitter's legal obligation. The bank does not file them. The penalty for non-filing is 100% of the remittance amount.