Order under section 119 of the Income-tax Act, 1961 - Income Tax - F. No. 173/118/2024-ITA-I

F. No. 173/118/2024-ITA-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (ITA-I Division) North Block, New Delhi Dated: 7, October, 2024 Sub:- Order under section 119 of the Income-tax Act, 1961 reg. Central Board of Direct Taxes (CBDT'), by Circular No. 02/2024 dated 05.03.2024 had allowed those trusts/institutions/funds, which have furnished audit report on or before 31 st October, 2023 in Form No. 10B where Form No. 10BB was applicable and vice-versa, to furnish the audit report under clause (b) of the tenth proviso to clause (23C) of section 10 and sub-clause (ii) of clause (b) of sub-section (1) of section 12A of the Income-tax Act, 1961 , in the applicable Form No. 10B / 10BB for the assessment year 2023-24, on or before 31st March, 2024. 2. It has been brought to the notice of the CBDT that in some cases, such trusts/institutions/funds. as mentioned above, could not file the audit report in the correct prescribed form. 3. On consideration of the matter, with a view to avoid genuine hardship to those trusts/institutions/funds, for which the date of 31st March, 2024 was prescribed to furnish the audit report in the applicable Form No, 10B / 10BB , by the above mentioned Circular No. 02/2024 dated 05.03.2024, the CBDT in exercise of the powers conferred under section 119 of the Act, hereby further allows such trusts / institutions/ funds to furnish such audit report in the applicable Form No. 10B / 10BB on or before 10 th November, 2024. 4. This issues with the approval of competent authority. (Hardev Singh) ACIT (OSD), ITA I, CBDT E-mail: [email protected]