Business

CBDT Income Tax date extended, know about 15CA/15CB.

Sujal Kothari

Published on July 21, 2021

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KEYPOINTS:

CBDT Income Tax date extended.
Income Tax date extended, know about 15CA/15CB.

The Central Board of Direct Taxes (CBDT) likewise said that they would give an office on the new e-recording entryway to transfer these structures sometime in the future with the end goal of the age of the Document Identification Number.

A few pay citizens have announced trouble recording returns through the new entry dispatched by the IT office. Having this in view, the Central Board of Direct Taxes (CBDT) has stretched out the cutoff time to submit structures 15CA, 15CB in manual configuration.

The citizens would now be able to present the structures to approved sellers till August 15. The previous cutoff time was till July 15.

“According to the Income-charge Act, 1961, there is a prerequisite to electronically outfit Form 15CA/15CB. By and by, citizens transfer the Form 15CA, alongside the Chartered Accountant Certificate in Form 15CB, any place appropriate, on the e-recording entryway, before presenting the duplicate to the approved seller for any unfamiliar settlement” the CBDT said in delivery on Tuesday.

“Considering the challenges detailed by citizens in electronic documentation of Income Tax.

Structures 15CA/15CB on the entrance www.incometax.gov.in, had prior been chosen by

CBDT that citizens could submit Forms 15CA/15CB in a manual organization to the

Approved seller till fifteenth July 2021. However, it has now been chosen to stretch out the date above to fifteenth August 2021,” the delivery further said.

The office additionally said that they would give an office on the new e-recording entrance to transfer these structures sometime in the not too distant future with the end goal of the age of the Document Identification Number.

Structure 15CA aids the personal assessment office to track unfamiliar settlements and their taxability. However, as indicated by the personal assessment division, the structure should be topped off if the settlement is chargeable to burden under the arrangements of the Income Tax Act, 1961 and the settlement or the total of such settlements, all things considered, doesn’t surpass five lakh rupees during the monetary year.

Structure 15CB is an authentication given by a contracted bookkeeper to guarantee that the arrangements of the Income Tax Act have been gone along with.