Master in Accounts & high court Advocate
9615 Points
Posted on 31 December 2024
I'll address your concerns regarding the delay in filing Form 10BB and the condonation application:
Condonation Application 1. *Physical Copy to Bangalore IT Commissioner*: Your CA has already submitted a physical copy of the condonation application to the Bangalore IT Commissioner.
2. *Email to Bangalore IT Exemptions*: Additionally, you've sent a condonation application to the Bangalore IT exemptions email ID. Sufficiency of Current Approach While you've taken steps to submit the condonation application, it's uncertain whether this will be sufficient to avoid a demand notice.
Additional Precautions To further strengthen your case: 1. *Send a Copy to AO Officer*: Consider sending a copy of the condonation application to the Assessing Officer (AO) of your ward, as they will be processing your return.
2. *CBDT Exemptions, Delhi*: Although not mandatory, you can send a copy of the condonation application to the CBDT Exemptions, Delhi.
However, please note that the CBDT might not directly intervene in individual cases. Official Email ID for CBDT Exemptions, Delhi The official email ID for CBDT Exemptions, Delhi is:
mailto:it.exemptions @ incometax.gov.in Clarification and Avoiding Demand Notice By submitting the condonation application to the relevant authorities, you've taken a proactive step to clarify the reasons for the delay.
However, the outcome depends on the discretion of the authorities.
Recommendations 1. *Follow up with AO Officer*: After sending the condonation application, follow up with the AO officer to ensure they've received it and are processing your return.
2. *Keep Records*: Maintain a record of all correspondence, including the condonation application, emails, and acknowledgments.
3. *Be Prepared*: In case a demand notice is generated, be prepared to respond with the necessary documentation and