Kerala HC Condones 25-Day Audit Report Filing Delay Due to COVID-19

St. Joseph Educational And Charitable Trust Vs CIT (Exemption) (Kerala High Court) In a significant ruling, the Kerala High Court set aside an Income Tax order that declined to condone a 25-day delay in filing an audit report (Form 10B) for the assessment year 2021–2022 by the St. Joseph Educational and Charitable Trust, a Section 12A registered charitable organization. While the income tax return was filed on time, the audit report submission was delayed due to challenges arising from the Covid-19 pandemic. The Trust’s application under Section 119(2)(b) of the Income Tax Act, seeking con...