CBDT extends last date for filing Form 10A/10AB

New Delhi. Taxpayers have got a big relief. In fact, the Central Board of Direct Taxes i.e. CBDT on Thursday (April 25) has extended the deadline for filing Form 10A/Form 10AB by trusts, institutions and funds under the Income Tax Act till June 30, 2024.

According to news agency IANS, trusts, institutions and funds are registered by filling Form 10A while Form 10AB is used for renewal of registration. Even before this, CBDT had extended the date for filing Form 10A/Form 10AB till 30 September 2023.

The CBDT clarified that the extended due date also applies in cases where an existing trust, institution or fund failed to file Form 10A for the assessment year 2022-23 within the extended due date, and subsequently, a new Unit. Applied for provisional registration in form 10AC and received form 10AC. These trusts can now surrender Form 10AC and fill Form 10A by June 30 and apply for registration as existing trust, institution or fund for assessment year 2022-23.

Form 10A/Form 10AB will be filed online through e-filing portal.

CBDT said those trusts, institutions or funds whose renewal applications were rejected only on the grounds of late filing or filing under wrong section code, may submit a fresh application in Form 10AB within the June 30 deadline. Can deposited. Can do. As per Form 10A/Form 10AB, the applications will be filed online through the e-filing portal of the Income Tax Department.