The Central Board of Direct Taxes (CBDT) has introduced online filing for Form 15CD for the Financial Year 2023-24, aligning with its commitment to enhance efficiency and simplicity in the tax compliance process through digital means.
This development, as outlined in CBDT notification no. 89/2023 dated October 16, 2023, underscores the organization’s dedication to embracing digitization in compliance procedures. Taxpayers are encouraged to stay informed about this recent advancement and capitalize on the ease provided by the digital platform for submitting Form 15CD.
Form 15CD plays a crucial role in the realm of income tax, compelling taxpayers to provide information about diverse transactions and payments, thereby promoting transparency and accountability. The introduction of online filing is anticipated to boost efficiency, minimize paperwork, and create a more streamlined compliance experience for taxpayers.
Read Also: Step-by-Step Guide To File Income Tax Return FY 2022-23
This recent notification mirrors the government’s continuous commitment to embracing technology and simplifying tax procedures, aligning with broader digital transformation initiatives. Taxpayers are urged to acquaint themselves with the e-filing process and adhere to the guidelines laid out by the CBDT to ensure a smooth and trouble-free submission of Form 15CD for the upcoming financial year.
