https://www.taxtmi.com/circulars?id=63384 The CBDT authorises condonation mechanisms for belated filing of Form No.10B: delays where the audit report was obtained before filing but furnished after filing yet before the due date have been condoned for earlier specified years; for the assessment year 2018-19 and subsequent years, commissioners may admit and decide belated applications within a prescribed period, provided they are satisfied the assessee was prevented by reasonable cause from filing timely, and must examine each application on its merits before exercising discretion to condone delay and affect exemption entitlement under sections 11 and 12. en-us Fri, 03 Jan 2020 00:00:00 +0530 Thu, 09 Jan 2020 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63384 The CBDT authorises condonation mechanisms for belated filing of Form No.10B: delays where the audit report was obtained before filing but furnished after filing yet before the due date have been condoned for earlier specified years; for the assessment year 2018-19 and subsequent years, commissioners may admit and decide belated applications within a prescribed period, provided they are satisfied the assessee was prevented by reasonable cause from filing timely, and must examine each application on its merits before exercising discretion to condone delay and affect exemption entitlement under sections 11 and 12. Circulars Income Tax Fri, 03 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63384