The Central Board of Direct Taxes (CBDT) on Tuesday allowed tax payers making abroad remittances to report the identical manually till 15 August owing to difficulties in submission of kinds within the revamped portal of the earnings tax division.
This is third extension of the guide facility first given by CBDT on 14 June. Non-residents’ earnings sourced from India is taxable and people who make the remittance from India are required to report the transactions beneath the Income Tax Act.
This submitting requirement—a declaration by the payer and a certificates from chartered accountant the place wanted—had been earlier completed on the e-filing portal of the tax division earlier than submitting its copy to the approved vendor for any overseas remittance.
CBDT mentioned in an announcement that “in view of the difficulties reported by taxpayers in digital submitting of earnings tax kinds 15CA/15CB on the portal www.incometax.gov.in,” taxpayers had been allowed to submit these kinds in guide format to the authorised vendor till 15 July, 2021. “It has now been determined to increase the aforesaid date to fifteen August, 2021,” mentioned the tax authority.
CBDT additionally suggested approved sellers to just accept such kinds till 15 August. “A facility will be offered on the brand new e-filing portal to add these kinds at a later date for the aim of technology of the doc identification quantity,” mentioned CBDT.
As quickly as the brand new e-filing portal was launched in June, many professionals complained about glitches in its functioning, forcing the federal government to name a gathering of stakeholders and Infosys, the developer of the venture, on 22 June. At current, efforts are on to repair the glitches and make it totally operational. The authorities has additionally given time till 30 September to file earnings tax returns for the evaluation 12 months 2021-22.
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