Reconstruction & COVID-19 Disruptions: Bombay HC Condones Form-10B Filing Delay

Karnataka Sangha Vs CIT (Exemptions) (Bombay High Court)

Bombay High Court ruled in favor of Karnataka Sangha in its appeal against the Commissioner of Income Tax (Exemptions) [CIT (Exemptions)], allowing condonation of a 15-day delay in filing Form-10B under the Income Tax Act, 1961. The dispute arose when CIT (Exemptions) refused to condone the delay, citing a lack of sufficient cause. The petitioner argued that the ongoing reconstruction and redevelopment of its premises, coupled with disruptions caused by the COVID-19 pandemic, had hampered its ability to file the form on time.

Please become a Premium member. If you are already a Premium member, login here to access the full content.