Tax Guru

Delay in Form 10B Filing Due to Accountant’s Oversight: Bombay HC Allows Condonation

This summary details the Bombay High Court’s decision regarding a charitable trust’s petition for condonation of delay in e-verifying its audit report (Form No. 10B) for the Assessment Year (A.Y.) ...
Indiatimes

Income tax audit deadline extended for these taxpayers to November 10, 2024

According to the order by the Ministry of Finance, these taxpayers will benefit from this extended deadline: Trusts, institutions, funds, and Others who are liable to file a tax audit report using ...
Tax Guru

Delay in Form 10B Is Procedural: CPC Cannot Deny U/s 11 Exemption at U/s 143(1) Stage

Assessee-Trust, registered u/s 12A, filed its return u/s 139(4A) within the extended due date. Audit report was prepared within time, but Form 10B was uploaded belatedly on the portal. CPC, while ...
Investing

Income Tax Dept allows trusts to rectify their error over Form 10B/10BB till March 31

“Those trusts/institutions which have furnished audit report on or before 31st October, 2023 in Form No. 10B where Form No. 10BB was applicable and vice-versa, must furnish the audit report in the ...
moneycontrol.com

CBDT extends due date for filing Form 10B/10BB, ITR-7 till October 31

ITR filing last date for the salaried class lapsed on July 31 The Central Board of Indirect Taxes (CBDT) on September 18 announced an extension in the deadline for filing Form 10B/10BB and ITR-7 till ...