1. Overview

Form 147 is a quarterly statement required to be furnished by Authorised dealers in respect of remittances made to a non-resident (not being a company) or to a foreign company. This form contains details such as name, contact details, of authorised dealer, details of remittances to non-resident.

This Form is available in ITDREIN login. ITDREIN is an Income Tax Department Reporting Entity Identification Number. It is a unique ID issued by the income tax department to the reporting entity. 

Before filing Form No.147, the reporting entity must generate an ITDREIN on the e-Filing portal by selecting Form 147.

Form 147 must be furnished quarterly, within 15 days from the end of each quarter. 

2. Who can file Form 147

Form 147 is applicable for:
•  Authorised dealers (banks and financial institutions)

3. Due Date to file Form 147

Form 147 must be furnished quarterly, within 15 days from the end of each quarter.

Below are the due dates:

4. Prerequisites for availing this service

•  Valid ITDREIN i.e., ITDREIN generated by selecting Form 147
•  Authorized person User ID (PAN) and password.
•  DSC (class 3) is not expired and registered on e-Filling portal 
•  Name of the remitter
•  PAN/TAN of the remitter
•  Name of the remittee
•  PAN/TAN of the remittee, if available
•  Form145 Acknowledgement Receipt Number
•  Taxpayers should have a valid DSC. It should be registered on e-Filing portal and not expired.

5. Step-by-Step Guide

5.1 How to File Form 147

Step 1: Visit Income Tax e-filing portal (http://www.incometax.gov.in/ )

Step 2: Login with User ID (ITDREIN) and click ‘Continue’.

 
Enter Authorised person PAN and password.

Step 3: After Login, Go to ‘e-File’ > ‘Income Tax Forms’ > ‘File Income Tax Forms’. 

Step 4: In ‘Forms as Per Income Tax Act 2025’ category, select ‘Form 147’ and click ‘File Now’.

Step 5: On Form page, Select applicable Filing Type, Tax Year and Quarter and click ‘Continue’.

Step 6:  Read the instruction to file the form and click on ‘Let’s get Started’.

Step 7: Form 147 have three sections:
1.  Part A- Particulars of Authorised dealer
2.  Part B- Particulars of Remittance made
3.  Declaration

To complete the form, confirm each section of form. 

Now, click on ‘Part A- Particulars of Authorised Dealer’.

Step 8: Basic information like Name, Address, Email ID, Contact No.  PAN/TAN, ITDREIN of Authorised dealer will be prefilled. Click ‘Save’.

Step 9: Part A is completed. Now, click on ‘Part B- Particulars of Remittance made’.

Step 10: In ‘Part B- Particulars of Remittance made’, please furnish the details of remittance made. Download the template and fill it. 

Please Note: Download the Instruction sheet by click on hyperlink ‘click here’ and fill the information in excel sheet accordingly to avoid any error in uploading .CSV file.

Download below excel template and furnish the information of Investments, in excel format (Column A to Column P) and create .CSV file.

Now, upload the .CSV file by clicking on ‘Upload CSV’. If there is no error in uploaded file, click ‘Save’.

- If there is error in uploaded .CSV file, click on ‘click here’ to download error file and check the error.

Rectify the error in below error sheet and upload again. You can refer the instruction sheet to rectify the error.

Step 11: ‘Part B- Particulars of Remittance made’ is completed. Now, click on ‘Declaration’.

Step 12: Enter place and click ‘Save’.

Step 13: All the three sections are completed. Click ‘Preview’.

Step 14: Verify the details in the form preview. Click the ‘Download’ button to download the preview PDF and review all information before proceeding. Once the details have been verified, click ‘Proceed to E-Verify’ to continue with the e-verification process

Step 15: Post clicking on ‘Proceed to E-Verify’ button, a confirmation popup will be displayed. Click on 'Yes' to proceed further.

Step 16: On clicking ‘Yes’, you will be navigated to the e-Verify page where you can verify the Form 147 using DSC.

Step 17: After verification form will be submitted. Note the acknowledgement no. and transaction ID for future reference. Same will be communicated on registered email ID.

Click the ‘Download’ button to download the Acknowledgement receipt.

5.2. How to view filed form? 

After successful submission of form 147 user can view the filed form under - On your Dashboard, click ‘e-File’ > ‘File Income Tax Forms’ > ‘View Filed Forms’ > ‘Forms as per Income Tax Act 2025’.