Delay in Filing Form 10B Attributable to CA Oversight Condoned by Bombay HC

International Resources for Fairer Trade Vs Union of India & Ors. (Bombay High Court) The Bombay High Court heard a writ petition filed by International Resources for Fairer Trade challenging the order dated 9th November 2023 passed by the Commissioner of Income Tax (Exemptions), Mumbai. The petitioner sought condonation of a delay in uploading its audit report in Form No. 10B for Assessment Year 2015-16, which had been rejected on the ground that no sufficient cause was shown for the delay. The petitioner is a public charitable trust established in 1995 and approved under sections 12A/12A...