Filing of returns of income u/s 139(1) and interest u/s 234A in case of person claiming exemption u/s11. - Income Tax - 5053/1991

INSTRUCTION NO. 5053/1991 Dated: June 19, 1991 In exercise of the powers conferred under clause (a) of sub-section (2) of section 119 of the I.T. Act, 1961, the CBDT hereby orders that:- (i) in the case of any person in receipt of income derived from property held under trust or other legal obligation wholly for charitable or religious purposes or in part only for such purposes and who claims exemption u/s.11 of the I.T. Act, 1961, where under the provisions of the Explanation to sub-section(1) of section 139 of the I.T. Act, 1961 return of income for the assessment year 1991-92 is to be furnished by the 30th June, 1991 or by the 31st August, 1991, the due dates for furnishing such returns are extended, in either case, to 31st October, 1991; (ii) interest chargeable u/s. 234A of the I.T. Act, 1961, for the delay in furnishing of the return of income in the aforesaid cases is also waived for the period commencing on the 1st July, 1991 or the 1st September, 1991, as the case may be, and ending on the date of furnishing such return or 31st October, 1991, whichever is earlier. F. No. 142/6/91-T