CBDT Specifies Authorities to Deal with Applications for Condonation of Delay in Filing Forms 9A, 10, 10B & 10BB

Circular 16/2024, dated 18-11-2024

The Central Board of Direct Taxes (CBDT) has issued a circular to deal with the condonation of delay in filing of Form 9A, 10, 10B and 10BB for Assessment Year 2018-19 and subsequent assessment years.

The key highlights of the circular are outlined below:

• The circular authorised Pr. Commissioners of Income Tax (Pr. CITs)/Commissioners of Income Tax (CITs) to condone delays of up to 365 days in filing Forms 9A/10/10B/10BB for AY 2018-19 and later years.
• Delays exceeding 365 days will be handled by the Pr. Chief Commissioners of Income Tax (Pr. CCsIT’)/Chief Commissioners of Income Tax (CCsIT)/Director Generals of Income Tax (DGsIT).

Further, the Pr. CCsIT/CCsITI/Pro CsIT/CsIT, while entertaining such applications for condonation of delay, shall satisfy themselves that the applicant was prevented by reasonable cause from filing such Forms before the expiry of the time allowed and the case is of genuine hardship on merits.

However, it is also clarified no application for condonation of delay shall be entertained beyond three years from the end of the assessment year for which such application is made. The condonation application should be disposed of within six months from the end of the month in which the Competent Authority receives such application.

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