Revised return 154 for Trust -condone delay order obtained from CIT (E)


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This discussion concerns filing a revised return under section 154 for a trust, following the allowance of a condoned delay order from CIT (E) for late filing of Form 10B. The aim is to rectify the original return where exemption under section 11 was disallowed and to address a demand raised by CPC. Advice is sought on how to correctly report this in ITR-7 and proceed with the rectification process.

08 July 2023 Dear Sirs
we have obtained 10B condone order from CIT -(E) and intends to file return u/s 154 as in original return amount claimed as exemption U/s 11 was disallowed
now condone delay u/s 119 for late filing of 10B has been approved
now intends to file return u/s 154 to delate demand raised
how to mention in ITR 7, condone delay has been approved or how to file 154 for dropping demand by CPC and it is for AY 2022-23
kindly advise us

09 July 2023 File rectification request manually with jurisdiction AO.

09 July 2023 Thanks sir. Thanks for the reply

09 July 2023 You are welcome...
......


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