09 February 2018
IS IT MANDETORY TO FILE 10B REPORT INCASE OF CHARITABLE TRUST BEFORE FILING INCOME TAX RETURN FOR AY 16-17 and ay 17-18. AND IF THERE IS A DELAY CAN ASSESSEE APPLY FOR CONDONATION OF DELAY IN FILING AUDIT REPORT?
11 October 2018
Only to go for Appeal to CIT (Appeals) is the solution. Delhi high court has held that pre-deposit of tax (20%) stipulated by notification under Rule is not applicable and not mandatory to pre-deposit.