CBDT Extends Deadline for Filing Form 10A/10AB to June 30, 2024

New Delhi: The Central Board of Direct Taxes (CBDT) has issued a circular that the due date for filing Form 10A/Form 10AB under the Income-tax Act, 1961, has been extended till June 30, 2024.

This extension comes in response to representations received by the CBDT, requesting further leniency in filing deadlines to address genuine hardships faced by taxpayers. CBDT had previously extended the due date for filing these forms multiple times, with the last extension made through Circular No. 06/2023, setting the deadline to September 30, 2023.

The extended deadline applies to certain provisions of section 10(23C), section 12A, section 80G, and section 35 of the Act, providing relief to trusts, institutions, and funds.

CBDT’s circular also offers clarity on specific scenarios. It allows existing trusts, institutions, or funds that failed to file Form 10A for Assessment Year 2022-23 within the previous extended due date, and subsequently received provisional registration as a new entity in Form 10AC, to now surrender Form 10AC and apply for registration as an existing entity in Form 10A by June 30, 2024.

Moreover, trusts, institutions, or funds whose applications for re-registration were previously rejected solely due to late filing or filing under the wrong section code, are now permitted to submit fresh applications in Form 10AB within the extended deadline.

The CBDT emphasizes that all applications must be filed electronically through the e-filing portal of the Income Tax Department. The Circular No. 07/2024 can be accessed on the official website of the Income Tax Department at www.incometaxindia.gov.in.