banner_ad

Form 10b and itr

312 views 4 replies
for AY 2018-19 AND AY2019-20 form 10B was filed after ITR but form 10b was filed before due date .
AO disallowed exemption u/s11 and raised demand on the ground of late filing of form 10B.

is that right or wrong as form 10B was filed before it's due date?
Replies (4)

As per Rule 12(2) of IT act, the audit report needs to be filed on or before filing return.

The action of department is technically correct.
however you may try to search for high court rulings in favour of assessee
This discussion stands very irrelevant without mentioning the nature of assesse.
Query related to form 10b itself clarifies the nature of assesse is charitable trust or institution


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details