Whether there is provision/notification for condonation for delay in filing Form 10-IF for availing reduced tax @ 22% under section 115BAD to housing societies. We have filed ITR5 for AY 2022 before 31.07.2022 but mandatory application in Form 10-IF could be filed on 20/08/2022. Can it be condoned? Without this system it is not accepting the revised ITR5.
Menu
Condonation for delay in filing Form 10-IF for availing reduced tax @ 22% u/s 115BAD
Replies (1)
To condone the delay in filing Form 10-IF for section 115BAD, you must file a petition under section 119(2)(b) to your jurisdictional PCIT/CIT explaining the genuine hardship, supported by evidence. If approved, you will receive an order which allows you to proceed with filing the form on the e-filing portal.
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
Related Topics :
CAclubindia
