News

RTCA has requested the CBDT and Finance Minister to extend the AY 2026-27 tax audit and applicable audit report filing deadline from September 30 to October 31, 2026.

RTCA Jaipur Seeks Extension in Tax Audit and Form 10B/10BB Due Date from Sep 30 to Oct 31

Tax Bar Association, Jhalawar, requests CBDT to further extend the due date for filing TAR and Form 10B/10BB for the AY 2026-27, until October 31, 2026, citing practical difficulties faced by taxpayers and tax professionals. 

Tax Bar Association Urges CBDT to Extend TAR and Form 10B/10BB Due Date Extension Until October 31

The Chartered Accountants Association, Jalandhar, has urged Finance Minister to extend Tax Audit Report, Forms 10B/10BB and ITR filing deadlines for AY 2026-27.

CA Association Seeks Extension in Due Dates of Tax Audit, Form 10B/10BB and ITR Filing for AY 2026-27

Judgement

ITAT upheld tax relief to the charitable trust after its delayed Form 10B filing was condoned under Section 119(2)(b), rejecting the Revenue’s challenge.

ITAT Rejects Revenue Challenge, Upholds Relief to Charitable Trust After Form 10B Delay Was Condoned Under Section 119(2)(b)

ITAT condones delayed Form 10B filing, holds exemption under Sections 11 & 12 cannot be denied where audit report was available before CPC processed the return.

School Society Lost Income Tax Exemption Due to Late Audit Report Filing; ITAT Grants Relief and Restores Claim

A procedural lapse in filing the audit report in Form 10BB instead of Form 10B cannot, by itself, defeat such substantiative entitlement as held in CITVS Rajasthan and Gujrat Charitable foundation reported at (2018) 14 SCC 348

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RTCA Jaipur Seeks Extension in Tax Audit and Form 10B/10BB Due Date from Sep 30 to Oct 31

Tax Bar Association Urges CBDT to Extend TAR and Form 10B/10BB Due Date Extension Until October 31

CA Association Seeks Extension in Due Dates of Tax Audit, Form 10B/10BB and ITR Filing for AY 2026-27

ITAT Rejects Revenue Challenge, Upholds Relief to Charitable Trust After Form 10B Delay Was Condoned Under Section 119(2)(b)

School Society Lost Income Tax Exemption Due to Late Audit Report Filing; ITAT Grants Relief and Restores Claim

Procedural lapse in filing audit report cannot lead to denial of Income Tax Exemption: High Court