Further extension of due date for filing of Form No. 10A/10AB to 30.06.2024 – CBDT Circular

Extension of due date for filing of Form No. 10A/10AB under Income-tax Act, 1961 to 30.06.2024

CBDT has further extended due date for filing of Form No. 10A/10AB under Income-tax Act, 1961 to 30.06.2024

Earlier also the CBDT on consideration of difficulties reported by the taxpayers and other stakeholders in the electronic filing of Form No. 10A / 10AB , in exercise of powers under section 119 of the Income-tax Act, 1961 (the Act) had extended the due date for filing Form No. 10A /10AB as under:

CBDT had received representations with a request to condone the delay in filing Form No. 10A / 10AB , as the same could not be filed in such cases within the last extended date, i.e ., 30.09.2023.

On consideration of the matter, with a view to avoid and mitigate genuine hardship in such cases, the CBDT has issued Circular No. 7/2024 dated 25th April 2024 in exercise of the powers conferred under section 119 of the Act to extend the due date of making an application/intimation electronically in –

(i) Form No. 10A , in case of an application under clause (i) of the first proviso to clause (23C) of section 10 or under sub-clause (i) of clause (ac) of sub-section (1) of section 12A or under clause (i) of the first proviso to sub-section (5) of section 80G or in case of an intimation under fifth proviso of sub-section (1) of section 35 of the Act, till 30.06.2024;

(ii) Form No. 10AB , in case of an application under clause (iii) of the first proviso to clause (23C) of section 10 or under sub-clause (iii) of clause (ac) of sub-section (1) of section 12A or under clause (iii) of the first proviso to sub-section (5) of section 80G of the Act, till 30.06.2024.

The extension of due date as mentioned in paragraph (ii) shall also apply in case of all pending applications under clause (iii) of the first proviso to clause (23C) of section 10 or sub-clause (iii) of clause (ac) of sub-section (1) of section 12A or under clause (iii) of the first proviso to sub-section (5) of section 80G of the Act, as the case may be. Hence, in cases where any trust, institution or fund has already made an application in Form No. 10AB under the said provisions on or before the issuance of this Circular, and where the Principal Commissioner or Commissioner has not passed an order before the issuance of this Circular, the pending application in Form No. 10AB may be treated as a valid application.

Further, in cases where any trust, institution or fund has already made an application in Form No. 10AB, and where the Principal Commissioner or Commissioner has passed an order rejecting such application, on or before the issuance of this Circular, solely on account of the fact that the application was furnished after the due date or that the application has been furnished under the wrong section code, it may furnish a fresh application in Form No. 10AB within the extended time provided in (ii) i.e. 30.06.2024.

It has also been clarified that if any existing trust, institution or fund who had failed to file Form No. 10A for AY 2022-23 within the due date as extended by the CBDT circular no. 6/ 2023 dated 24.05.2023 and subsequently, applied for provisional registration as a new trust, institution or fund and has received Form No. 10AC , it can avail the option to surrender the said Form No. 10AC and apply for registration for AY 2022-23 as an existing trust, institution or fund in Form No. 10A within the extended time provided in (i) i.e. 30.06.2024.

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