Charitable Trust & Budget-2023 proposal to amend the time limit to file Form 9A and 10:
- It is proposed that the due date for furnishing Form No. 9A and 10 by Charitable Institutions would be 2 months prior to the due date of filing ITR.
- Both Form 9A and Form 10 could earlier by filed by 31st October. However, these forms must be filed two months before the last date for filing the tax return in ITR 7.
- As such, the last date for filing Annual Tax Return in ITR-7 is 31st October. Audit Report in Form 10B must be filed by 30th September and now Form 9A or Form 10 must be filed by 31st August.
- Auditor is required to file form 10B one month before the due date of furnishing ITR. Thus, to align the time limits the due date of filing Form 9A and 10 has been changed.