non filing of form 15CA & 15CB, Income Tax

[satbir singh wahi]

As per circular 4/2009 dt. 29.06.2009, Form 15CA and 15CB , need to filed with Bank By the Assessee

for foreign remittances. The assessee has not generated these forms for financial year 2009-10 and 2010-11, as bank did not ask for it. Now from 2011-12 , forms are regularly generated and taken , to be submitted to bank. What is the remedy for this default . The Export commission is paid to non resident having no office in India .Can these forms  be generated & Taken now to rectify the error.

 

 

Posts / Replies

[satbir singh wahi]

Sir

No reply received

[MARIAPPAN GOVINDARAJAN]

In my view at present it cannot be rectified.