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EXEMPTION U/S 11 OF INCOME TAX ACT 1961

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(Querist)
11 March 2022 CAN WE CLAIM EXEMPTION U/S 11 IF FORM 10B FILED AFTER DUE DATE
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
11 March 2022 If form 10B is delayed upto 365 days, the authority has been given to Commissioner of Income Tax (Exemptions) (CIT -E ) to condone the delay after satisfying themselves that there was a reasonable cause.

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