Delay in filing Form 10 of a trust for asst year 23-24
This query is : Resolved
11 August 2025
An educational trust is having 12a registration . For ay 23-24 it is having excess of income over expenditure od Rs 10 laks. The trust filed form 10 with a delay of 260 days. The trust received intimation disallowing the excess and levied tax for not submitting the resolution and bank statement under section 11(5). CIT exemptions rejected delay condonation petition. Can it be contested in an appeal. Is the appeal to be filed before ITAT. I Request the experts to throw some light in this issue
13 August 2025
Yes, you can file an appeal before the Income Tax Appellate Tribunal (ITAT) against the order of CIT (Exemptions) rejecting the condonation under section 119(2)(b) and/or against the assessment order where exemption under section 11 was denied due to late filing of Form 10.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Exiting partner in partnership firm in gst portal
- CLOSING STOCK QUERY
- Rent claimed on building given on permissive possession basis
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Taxability of credit in canara bank ET & T section (NRO)
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- Due Date Clarity
- Loss of interest in PF transfer from EPFO to Trust
- IT returns for fresh job holders
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
