Income Tax Filing ALERT! CBDT grants further relaxation in electronic filing of Forms 15CA, 15CB; Know LAST date of submission

The Central Board of Direct Taxes (CBDT) has granted further relaxation in the electronic filing of forms 15CA and 15CB, the Ministry of Finance said. It has now been decided to extend the aforesaid date to 15 July 2021.

As per the Income-tax Act, 1961, there is a requirement to furnish Form 15CA and 15CB electronically. Currently, 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.

See Zee Business Live TV Streaming Below:

In view of the difficulties reported by taxpayers in electronic filing of Income Tax Forms 15CA/15CB on the portal www.incometax.gov.in, it had earlier been decided by CBDT that taxpayers could submit Forms 15CA/15CB in manual format to the authorized dealer till 30th June, 2021.

CBDT grants further relaxation in electronic filing of forms 15CA & 15CB in view of difficulties reported by taxpayers in filing of the forms online on https://t.co/GYvO3n9wMf. Date for submission of forms in manual format to the authorised dealers is extended to 15th July, 2021. pic.twitter.com/gQLRJsnlBu

— Income Tax India (@IncomeTaxIndia) July 5, 2021

In view thereof, taxpayers can now submit the said Forms in manual format to the authorised dealers till 15 July, 2021. Authorised dealers are advised to accept such Forms till 15 July, 2021 for the purpose of foreign remittances. 

As per CBDT, 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.

Recently, the Finance Ministry had extended the deadlines for various income tax compliances. 

The deadline for employers to furnish Tax Deducted at Source (TDS) certificate in Form 16 to employees too has been extended till July 31, from July 15, 2021.

Uploading of the declarations received from recipients in Form No. 15G/15H during the quarter ending 30th June, 2021, which is required to be uploaded on or before 15th July, 2021, may be uploaded by 31st August 2021.

Similarly, the last date of linkage of Aadhaar with PAN under section 139AA of the Act, which was earlier extended to 30th June, 2021 is further extended to 30th September, 2021.