CBDT grants further relaxation in electronic filing of Income Tax Forms 15CA/15CB: Relaxation or Penalty ?

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CBDT grants further relaxation in electronic filing of Income Tax Forms 15CA/15CB: Relaxation or Penalty ?

 

The CBDT has grant ed further relaxation in electronic filing of Income Tax Forms 15CA/15CB till 15 th August 2021. However,  it will be required to be uploaded afterwards which will result in duplication of work for the taxpayers. Is it a relaxation or penalty by way of duplication ?

The copy of the order issued is as under : 

Government of India

Ministry of Finance

Department of Revenue

Central Board of Direct Taxes

New Delhi, 20th July, 2021

PRESS RELEASE

CBDT grants further relaxation in electronic filing of Income Tax Forms 15CA/15CB

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 authorized dealer for any foreign remittance.

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 15th July, 2021.

It has now been decided to extend the aforesaid date to 15th August, 2021. In view thereof, taxpayers can now submit the said Forms in manual format to the authorized dealers till 15th August, 2021. Authorized dealers are 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.

       (Surabhi Ahluwalia)

Commissioner of Income Tax

 (Media & Technical Policy)

  Official Spokesperson, CBDT

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