https://www.taxtmi.com/manuals?id=4527 Return filing obligations for trusts arise when income from trust property exceeds the non taxable threshold; such persons must furnish a prescribed return and comply with audit linked due dates. Form 9A must be filed in advance of the ROI deadline, with delegated authorities able to condone delay on application. Failure to file Form 9A timely causes the disallowed accumulated or set apart income to be taxed as specified income at the special rate of thirty percent. CBDT circulars have granted extensions for filing Forms 10B/10BB in particular years, and condonation applications face a three year limitation and prescribed disposal targets. en-us Wed, 01 May 2024 17:16:00 +0530 Wed, 20 Nov 2024 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4527 Return filing obligations for trusts arise when income from trust property exceeds the non taxable threshold; such persons must furnish a prescribed return and comply with audit linked due dates. Form 9A must be filed in advance of the ROI deadline, with delegated authorities able to condone delay on application. Failure to file Form 9A timely causes the disallowed accumulated or set apart income to be taxed as specified income at the special rate of thirty percent. CBDT circulars have granted extensions for filing Forms 10B/10BB in particular years, and condonation applications face a three year limitation and prescribed disposal targets. Manuals Income Tax Wed, 01 May 2024 17:16:00 +0530 https://www.taxtmi.com/manuals?id=4527