Forms 15CA/15CB can be filed manually till 15-08-2021: CBDT

  • Blog|News|Income Tax|
  • < 1 minute
  • By Taxmann
  • |
  • Last Updated on 21 July, 2021

Recent Posts

Blog, News, Insolvency and Bankruptcy Code

Interim Moratorium Barred Continuation of Proceedings u/s 138 of NI Act Against Petitioner Due to IBC’s Overriding Effect | HC

Blog, News, FEMA & Banking

Borrower’s Right to Redeem Secured Asset Ends on Publication of Notice u/s 9(1) of SI Rules, Not After Sale Completion | SC

Latest from Taxmann

e-filing of IT Forms 15CA/15CB

As per Rule 37BB, a payer responsible for making payment to any non-resident person is required to furnish information about such payment to the Income-tax Dept. in Form 15CA. Assessee is also required to obtain a certificate in Form 15CB from a Chartered Accountant if the aggregate amount of payment exceeds Rs. 5 lakhs.

Presently, taxpayers upload the Form 15CA, along with the Chartered Accountant Certificate in Form 15CB on the e-filing portal, before submitting the copy to the authorized dealer for any foreign remittance.

In view of difficulties faced by taxpayers in electronic filing of Income Tax Forms 15CA/15CB on the new e-filing portal www.incometax.gov.in. The Central Board of Direct Taxes (CBDT) vide press release, dated 14-06-2021 had decided that taxpayers can submit the aforesaid Forms in manual format to the authorized dealers till June 30, 2021. This date was further extended to July 15, 2021, vide press release, dated 05-07-2021.

Now, the board has decided to further extend the due date to 15-08-2021. Authorized dealers are advised to accept Forms 15CA/15CB till 15-08-2021 for the purpose of foreign remittances.

Read Full Notification Here.

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Leave a Reply

Your email address will not be published. Required fields are marked *

«
»

Everything on Tax and Corporate Laws of India

To subscribe to our weekly newsletter please log in/register on Taxmann.com

Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied