File Form 15CA and 15CB

Originally published at: File Form 15CA and 15CB | Learn by Quicko

INDEXWhat is Form 15CA and 15CB?Form 15CAForm 15CBRevised Rules for Submission of Form 15CA and 15CBApplicability of Form 15CA or 15CBHow to File Form 15CA and 15CB?FAQs What is Form 15CA and 15CB? As per the Income Tax Act, any payment made by a resident to a non-resident needs to be reported. Such taxpayer needs…

Why the extension?
As per the Income Tax Act of 1961, it was mandatory to submit Form 15CA/15CB electronically. However, taking into account the inconvenience of the taxpayers to furnish the forms electronically, it was decided that taxpayers could submit the Forms manually to the authorized dealer manually till 30th June 2021.
However, the deadline has been further extended and taxpayers can submit the Forms manually till 15th July 2021.