Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No, 10 and Form No. 9A for Assessment Year 2018-19 and subsequent years

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....xes New Delhi, the 3 January, 2020 Sub: Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No, 10 and Form No. 9A for Assessment Year 2018-19 and subsequent years-Reg. Under the provisions of Section 11 of the Income-tax Act, 1961 (hereafter 'Act') the primary condition for grant of exemption to trust or institution in respect of income deri....

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....to the conditions, inter alia, that such person submits the prescribed Form No. 10 electronically to the Assessment Officer within the due date specified under section 139(1) of the Act. 3.  Further, where the income from property held under trust or institution applied to charitable or religious purposes falls short of 85% of the income derived during the previous year for the reason that....

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....ier Circulars / Instructions issued in this regard, with a view to expedite the disposal of application filed by the trust or institution for condoning the delay and in exercise of the powers conferred u/s 119(2) (b) of the Act, the Central Board of Direct Taxes has already authorized the Commissioners of Income-tax to admit belated applications in Form No. 9A and Form No. 10 in respect of Assessm....