Delay condonation of audit report of a trust
This query is : Resolved
21 February 2025
CIT Exemption has condoned the delay in filing audit report. What is the procedure to be followed next? Should the trust file a rectification petition u/s 154 . How to inform the cpc about the condonation of delay granted by CIT Exemptions.
I request the experts to kindly give their expert opinion on the procedure to be followed
I request the experts to kindly give their expert opinion on the procedure to be followed
12 August 2025
When CIT (Exemptions) condones the delay in filing the audit report of a trust, the next steps are as follows:
Procedure after Condonation of Delay by CIT (Exemptions):
Obtain Written Order
Ensure you have the formal written order from the CIT (Exemptions) condoning the delay.
This order is crucial as proof for further submissions.
Filing Rectification Petition (Section 154)
If the Income Tax department's system (CPC or assessing officer) has already processed the return/audit report showing it as delayed or rejected, then you should file a Rectification Petition under Section 154 to update the status.
The rectification petition will inform the department about the condonation and request correction of records.
Informing CPC (Centralized Processing Centre)
Usually, the rectification petition filed through the e-filing portal is forwarded to CPC.
Attach a copy of the CIT (Exemptions) condonation order as supporting evidence with the rectification request.
If the rectification route is not feasible, you may send a written communication (through email or post) to CPC quoting the condonation order and request for update in records.
Upload Audit Report (If Not Done Earlier)
If the audit report was pending due to delay, upload the audit report on the portal immediately after condonation.
This ensures compliance and avoids further notices.
Follow-up
Follow up with the CPC or jurisdictional officer to ensure the records are updated to reflect condonation.
Obtain an acknowledgment or updated status report for your records.
Procedure after Condonation of Delay by CIT (Exemptions):
Obtain Written Order
Ensure you have the formal written order from the CIT (Exemptions) condoning the delay.
This order is crucial as proof for further submissions.
Filing Rectification Petition (Section 154)
If the Income Tax department's system (CPC or assessing officer) has already processed the return/audit report showing it as delayed or rejected, then you should file a Rectification Petition under Section 154 to update the status.
The rectification petition will inform the department about the condonation and request correction of records.
Informing CPC (Centralized Processing Centre)
Usually, the rectification petition filed through the e-filing portal is forwarded to CPC.
Attach a copy of the CIT (Exemptions) condonation order as supporting evidence with the rectification request.
If the rectification route is not feasible, you may send a written communication (through email or post) to CPC quoting the condonation order and request for update in records.
Upload Audit Report (If Not Done Earlier)
If the audit report was pending due to delay, upload the audit report on the portal immediately after condonation.
This ensures compliance and avoids further notices.
Follow-up
Follow up with the CPC or jurisdictional officer to ensure the records are updated to reflect condonation.
Obtain an acknowledgment or updated status report for your records.
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