CBDT has announced Form 10A for trust to re-register with income tax who are already registered under section 10(23C) or section 12A or section 80G etc.
Now CBDT has vide circular 22/2022 Dt. 01.11.2022 condoned delay in filing Form 10A till 25.11.2022.
On consideration of difficulties reported by the taxpayers and other stakeholders in the electronic filing of Form No. 10A, the Central Board of Direct Taxes (the Board) in exercise of its powers under Section 119 of the Income-tax Act, 1961 (the Act) extended the due date for filing Form No. 10A required to be filed on or before 30.06.2021, to 31.08.2021 by Circular No.12/2021 dated 25.06.2021, and further to 31.03.2022 by Circular No. 16/2021 dated 29.08.2021.
2. Representations have been received by the Board stating that Form No. 10A in some of such cases could not be filed by 31.03.2022. It has been requested that the delay in filing of Form No. 10A in such cases may be condoned.
3. On consideration of the matter, with a view to avoid genuine hardship to such cases, the Board, in exercise of the powers conferred under section 119(2)(b) of the Act, hereby condones the delay upto 25.11.2022 in filing Form No. 10A under sub-clause (i) of clause (ac) of sub-section (1) of section 12A or clause (i) of first proviso to clause (23C) of section 10 or clause (i) of first proviso to sub-section 5 of section 80G or fifth proviso to sub-section 1 of section 35 of the Act, which was required to be made electronically on or before 31.03.2022.
Thus, reading the above circular it can be said that such condonation or re-registration shall be valid for the FY 2021-22 for the trust who apply for the same.
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