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ITAT condones Delay in Form 10B late filing due to management changes in trust
Case Law Details
- Case Name
- Gujarat University Startup and Entrepreneurship Council GUSEC Vs ITO (ITAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2023-24
- Courts
- All ITAT, ITAT Ahmedabad
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Gujarat University Startup and Entrepreneurship Council GUSEC Vs ITO (ITAT Ahmedabad)
The Income Tax Appellate Tribunal (ITAT) of Ahmedabad has addressed the appeal of the Gujarat University Startup and Entrepreneurship Council (GUSEC) against an order from the Income Tax Officer (ITO). The central issue revolved around the disallowance of a tax exemption claimed by GUSEC due to the late submission of its audit report, Form 10B.
Background of the Case
GUSEC, a trust, filed its income tax return for the assessment year 2023-24, declaring a nil income. The claim for nil income w...




