CBDT Grants IFSC Units Form 15CA Exemption and Introduces Form 15CD for Quarterly Reporting

Last updated: 18 October 2023

CBDT vide Notification No. 89/2023 dated October 16, 2023 has amended Rule 37BB of the Income Tax Rules, 1962 to exempt IFSC units from furnishing Part D of Form 15CA for non-taxable remittances. This exemption is a welcome move, as it will simplify the compliance process for IFSC units and reduc

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Category Income Tax   Report

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