Delay Beyond 365 Days in Filing Form 10B Cannot Be Condoned by CIT Due to CBDT Limit: Bombay HC

Little Angels Education Society Vs Union of India and others (Bombay High Court) The Bombay High Court disposed of two writ petitions involving charitable educational societies challenging orders dated 19.02.2020 passed by the Commissioner of Income Tax (Exemptions), Mumbai, which rejected their applications for condonation of delay in filing Form No.10B for the assessment year 2018–19. Both petitioners, being charitable trusts engaged in providing education, had filed their income tax returns claiming exemption under Sections 11 and 12 of the Income Tax Act, 1961. In one case, the petitione...