Itr & audit of trust

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CAN AUDIT REPORT IN FORM 10B BE FILED AFTER FILING OF ITR?
Replies (5)

NO because its required to mention the date of audit report in ITR.

OK. THANKS. THE TRUST HAS NOT YET FILED THE ITR FOR FY 14-15. AUDITOR HAS NOT YET FILED FORM 10B. IS IT POSSIBLE TO FILE THE FORM 10B NOW?

 

Yes, it is possible and it will be treated same as late filling.

thanks. next question: whether claim exemption under sectiion 11 & 12 in caSE OF LATE FILING?

For claiming the benefit under section 11(1) only declaration in Form 9A to be filed before the expiry of the time allowed under sub-section (1) of section 139 for furnishing the return of Income and return of Income may file after due date of ITR.

For claiming the benefit under section 11(2) declaration in Form 9A and ITR to be filed before the expiry of the time allowed under sub-section (1) of section 139 for furnishing the return of Income i.e. in simple words return and decleration to be filed before due date to claim exemption u/s 11(2).


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