HC granted condonation of delay in filing Form No. 10 by trust

 

Tripura Cricket Association Vs. The Assistant Commissioner of Income Tax & Ors. (WPA 8480 of 2020)

The assessee wa entitled to exemptions U/S 11 as Charitable Institution. However it had to file Form 10 before the appropriate authority. even after a delay of more than a year. The assessee had made an application before CBDT for condonation of delay.

The Hon Calcutta HC held as below:

This writ petition is disposed of by granting liberty to the petitioner to file an application before the CBDT under Section 119(2)(b) of the Income Tax Act making prayer for authorising the concerned officers to consider for exemption by condoning the delay in filing Form No.10 for the relevant assessment year. 

If such application is filed by the petitioner within three weeks from date, the CBDT will consider and dispose of such application within four weeks from the date of receipt of such application in accordance with law with intimation to the petitioner.