Withdrawal of Filed Form 15CB

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We would like to update that the functionality for withdrawal of Form No. 15 CB has been enabled on the income tax portal website. 

Previously, there was no facility/e-option to withdraw filed Form No. 15CB in case of any genuine mistake or cancellation of foreign remittance. 
Also, there were many hardships being faced by tax payer during the pandemic when the income tax department had allowed physical filing of Form No.  15 CB which were to be uploaded on the income tax portal on a later date. But,  due to certain mismatch/ glitches on the income tax portal,  it resulted in various hardships. 

However, to overcome these difficulties, it seems that an alternative has now been provided/ enabled to withdraw filed Form No. 15CB (on the e-filing web portal) by recording appropriate reasons therein. 

Following filed Form no. 15CB can be withdrawn -

1. Filing is made after 1 April 2021 till 29 July 2022 - Form can be withdrawn at any point of time; and
2. Filing made from 30 July 2022 and onwards -  within 7 days from the date of successful submission of Form No. 15CB.
 

It is pertinent to note that Form No. 15CB can only be withdrawn where corresponding Form No. 15CA has not been filed. Additionally, the option to withdraw Form No. 15CB is available with CA only.

In this context, one can refer the below link for user manual which includes steps/ process to withdraw Form No. 15CB.

https://www.icai.org/post/udin-withdrawal-functionality-of-15cb-form

Replies (2)
Great job by dept.

Yes, Form 15CB can be withdrawn under certain conditions:

  1. Filing from 1 April 2021 to 29 July 2022: Form 15CB can be withdrawn at any point before Form 15CA is filed.

  2. Filing from 30 July 2022 onwards: Form 15CB can only be withdrawn within 7 days of the successful submission of Form 15CB.

Importantly, Form 15CB can only be withdrawn if Form 15CA has not been filed. This option is available only to the Chartered Accountant (CA) who originally issued the form.

For a detailed guide, including the steps to withdraw Form 15CB, please refer to the following link:

ICAI User Manual - Steps to Withdraw Form 15CB

To simplify the process of filing Form 15CB and 15CA, you can use our Excel-based utility for bulk XML generation. This will help save time and ensure accuracy while filing.

  • Bulk XML generation from Excel

  • Supports all parts – A, B, C, D & CB

  • Easy-to-use and portal-compliant

Download here: https://xltool.in/15ca-15cb/ | www.xltool.in

 


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