07-06-2021 09:18 AM | Source: IANS
Deadline for filing of foreign remittance tax forms extended
News By Tags | #2830 #248

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The Central Board of Direct Taxes (CBDT) has again extended the deadline for filing of income tax forms 15CA and 15CB, which are filed in terms of foreign remittances.

The last date of filing the forms is now July 15, said an official statement.

As per the Income Tax Act, 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.

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 authorised dealer till June 30.

"It has now been decided to extend the aforesaid date to July 15, 2021. In view thereof, taxpayers can now submit the said Forms in manual format to the authorised dealers till July 15, 2021," said the CBDT statement, directing the authorised dealers to accept such forms till July 15 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, it added.