Delay in filing Audit Report in Form 10B due to Covid-19 condoned: Orissa HC

Action Research for Health and Socio-economic Development Vs Central Board of Direct Taxes (CBDT) (Orissa High Court) Orissa High Court held that delay in filing Audit Report in Form 10B due to Covid-19 pandemic condoned and since it is settled law that delay in case of genuine hardship need to be allowed. Facts- Vide the present petition, the petitioner has challenged the legality and propriety of Order passed by Commissioner of Income Tax (Exemption) rejecting the application for condonation of delay in furnishing Audit Report in Form-10B prescribed under Rule 17B of the Income Tax Rules, 19...