CBDT grants further relaxation in the electronic filing of Forms 15CA & 15CB

CBDT (Central Board of Direct Taxes) has extended submission of the Forms 15CA & 15CB in manual format to the (AD) authorised dealers till 15th August, 2021. Earlier the taxpayers could submit Forms 15CA/15CB in manual format to the authorized dealer till 15th July, 2021.

Read: CBDT extends submission of 15CA & 15CB in manual format till 15th July

As per the Income-tax Act, 1961, there is a requirement to furnish Form 15CA/15CB electronically. Presently, taxpayers upload the Form 15CA, along with the Chartered Accountant Certificate in Form 15CB, wherever applicable, on the e-filing portal, before submitting the copy to the authorised dealer for any foreign remittance.

CBDT has granted further relaxation in the electronic filing of Income Tax Forms 15CA/15CB, in view of the difficulties reported by taxpayers in filing of the forms online on the new Income Tax portal.

Below is the tweet from the official Twitter handle of the Income Tax Department:

Authorized dealers have been advised to accept such Forms till 15th August, 2021 for the purpose of foreign remittances. A facility will be provided on the new e-filing portal to upload these forms at a later date for the purpose of generation of the Document Identification Number.

Also Read: How to prepare forms 15CA & 15CB manually?

Form 15CA is a declaration made by the person remitting the money wherein he states that he has deducted the tax from any payments so made to the non-resident.

Form 15CB, however, is not a declaration, but a certificate issued by a Chartered Accountant ensuring that the provisions of the Double Taxation Avoidance Agreement and the Income-tax Act, 1961 have been complied with in respect of tax deductions while making the payments.

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