As per the provisions mentioned in Income-tax Act, 1961, there is a requirement to furnish Form 15CA/15CB electronically. In the existing system on old Income Tax portal, taxpayers upload the Form 15CA, along with the Chartered Accountant Certificate in Form 15CB, wherever applicable, before submitting the copy to the authorised dealer for any foreign remittance.
Recently on 7th June 2021, CBDT has launched new Income Tax portal. Considering the difficulties facing by the taxpayer of procedure & DSC issue, CBDT by Press release dated 14th June 2021, has defer the uploading of online 15CA/CB on Income Tax Portal till 30th June 2021.
Now by Press release Dated 05th July 2021, CBDT has further extended the aforesaid date to 15th July 2021. In view thereof, taxpayers can now submit the said Forms in manual format to the authorized dealers till 15th July, 2021. On other side, Authorized dealers are advised to accept such Forms till 15th July, 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.
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The article has been contributed by:
CA Kavita Arora
Sr. Manager-Direct Tax
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