E-filing norm for remittances eased
MUMBAI: The Central Board of Direct Taxes (CBDT) has relaxed norms relating to e-filing of Forms 15CA/15CB, which are mandatory prior to making outward remittances. Banks have been asked to accept such forms in physical format up to June 30.
The tax board adds that a facility will be provided in the new income tax (I-T) portal to upload these physical forms at a later date for the purpose of generation of the document identification number.
In its June 14 edition, TOI had front-paged a report about this challenge as well as others faced by taxpayers, including India Inc, owing to glitches in the newly launched I-T portal.