The new port of Income Tax Department was started from 7th June. Since then, taxpayers are facing problems continuously, only after which the department decided to extend the last date.
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As per the Income Tax Act 1961, Form 15CA/15CB is required to be filed electronically on the Income Tax Portal. Form 15CA is a declaration by the remitter that tax has been deducted at source in case of payment made to a non-resident, whereas Form 15CB is a certificate to be produced by the CA that the relevant tax is paid at the time of overseas payment. The provisions of the Treaty and the IT Act have been complied with.
You can send money abroad only after submitting the form
Let us tell you that authorized dealers (banks) can send money abroad only after the submission of these forms. Before that he cannot send money. Now you can easily submit 15CA/15CB manual format till 15th August.
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The CBDT has also said that uploading of these forms at a later date will be facilitated on the new e-filing portal so that the documentation identification number can be generated.
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