Tax Guru

Late Filing of Form 10B Valid if Before Assessment Completion: ITAT Mumbai

ITAT Mumbai held that delay in filing Form 10B does not invalidate a trust’s exemption claim if the form is submitted before assessment completion and the error is ...
Tax Guru

Late Filing of Form 10B/10BB Not Fatal: ITAT Kolkata Grants Trust Exemption

ITAT Kolkata ruled that a charitable trust's exemption under Section 11/10(23C) cannot be denied for technical lapse of belatedly filing Form 10B/10BB. Audit report was available when return was ...
LiveLaw

Income Tax Act | Trust's Legitimate Tax Exemption Cannot Be Denied For Delay In Filing Form 10B: Madras High Court

The Madras High Court held that delay in filing Form 10B required under Section 44AB for the purpose of Section 12A(1)(b) of ...
Hosted on MSN

Income Tax Rule Change: Relief for companies, trusts and others for claiming benefit of lower tax, tax audit and others with new condonation of delay rules

The Ministry of Finance through the Central Board of Direct Taxes (CBDT) has issued a circular which essentially condones delay in filing Form no. 9A, 10, 10B and 10BB for AY 2018-19 and subsequent ...
Business Line

IT Dept allows trusts, institutions to furnish the audit report for AY24 by March 31

https://www.thehindubusinessline.com/economy/it-dept-allows-trusts-institutions-to-furnish-the-audit-report-for-ay24-by-march-31/article67917650.ece Copy Hospital ...