Form 15CA – Form 15CB CA Certificate
As per the Income-tax Act, 1961, all bank remittances from India to any Foreign Bank Account requires the assessee to furnish Form 15CA/Form 15CB CA Certificate online on the Income Tax e-filing Portal. 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.
The income tax portal is still under upgradation and due to the continued difficulties reported by taxpayers in electronic filing of Income Tax Forms 15CA /Form 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.
It has now been decided to extend 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. Authorized dealers would accept such Forms till 15th July, 2021 for the purpose of all 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.
Infosys, which manages the IT Infrastructure of Income Tax Portal and GST had faced similar issues earlier in GSTN. A lot of technical glitches were faced by the taxpayers in the initial years of implementation. Finance minister Nirmala Sitharaman on Tuesday urged Infosys Ltd. and its co-founder Nandan Nilekani to ensure the new income tax e-filing portal does not let down tax payers in service quality.