Tag: Form No. 10B
Exemption u/s 11 can not be denied for belated filing of revised Form 10B when original Form 10B was filed within due date – ITAT In a recent judgment, ITAT Lucknow has held that benefit of exemption u/s 11 can not be denied on the ground of belated …
CBDT Circular fixing a time limit for making condonation application u/s 119(2)(b) of the Income Tax Act, 1961 (the Act) is illegal – Madras High Court In a recent judgment, Madras High Court condoned the delay in filing audit report Form 10-B observing that CBDT Circular fixing a …
High Court condoned delay in filing Audit Report in Form 10B as the change in dates in filing audit report before return had caused confusion. In a recent judgment, Kerala High Court condoned the delay in filing Audit Report in Form 10B as the change in dates in …
Due date for filing audit report Form 10B/10BB for AY 2024-25 extended to 10.11.2024 CBDT by order u/s 119 has extended the due date for for filing audit report in Form No. 10B/10BB for AY 2024-25 to 10.11.2024 Sub: Order under section 119 of the Income-tax Act, 1961-reg. Central …
High Court condones delay in filing audit report in Form-10B considering the extent of the delay In a recent judgment, the Hon’ble Kerala High Court, considering the extent of the delay, quashed the order passed by the CIT(Exemptions) denying to condone delay in filing audit report in Form-10B …
CBDT extends time for filing audit report in Form 10B of 10BB for AY 2023-24 to 31.03.2024 Extension of time limit /due date for filing audit report in Form 10B of 10BB by trusts and institutions for AY 2023-24 to 31.03.2024 was necessitated by trusts / institutions filing …
Grievance for not condoning delay for filling Form No. 10B cannot be addressed by way of appeal before ITAT In a recent judgment, the ITAT has held that it can not entertain an appeal challenging the rejection of condonation of delay in filing audit report in Form No. …
Benefit of exemption u/s 11 can not be denied for mere delay in filing of audit-report with return of income – ITAT ABCAUS Case Law Citation:ABCAUS 3718 (2023) (04) ITAT Important Case Laws relied upon:Savitri Foundation vs. ITOWipro Ltd. 446 ITR 1CIT vs. Mumbai Metropolitan Regional Iron & …
CBDT amends rules and Form No. 10B of audit report of charitable trust/Institution. Income-tax Amendment (3rd Amendment) Rules, 2023 Under Rule 17B of the Income Tax Rules 1962, audit report of the accounts of a charitable trust or institution registered under section 12A is to be filed in …
Denial of deduction u/s 11 not filing of Audit Report in Form 10B within due date. The CIT(A) to wait till disposal of condonation application pending before CIT(Exemption) ABCAUS Case Law Citation:ABCAUS 3666 (2023) (02) ITAT In the instant case, the assessee had challenged the order passed by …
