CBDT Condones Delay in Filing Form 10A till 25th November 2022

CBDT CONDONES DELAY IN FILING FORM 10A

As per the provisions of the Income-tax Act, 1961, Form 10A was required to be filed electronically by 30.06.2021, which was extended to 31.08.2021 and further extended to 31.03.2022 by Circular No. 16/2021

In view of the representations received by Central Board of Direct Taxes (CBDT) and with a view to avoid genuine hardship to taxpayers, the CBDT condones the delay in filing of Form 10A up to 25th November 2022 in respect of certain provisions of section 12A / section 10(23C) / section 80G / section 35 of the Income-tax Act, 1961.

Procedure for registration

Log on to the E-filing portal of income tax department vide https://www.incometaxindiaefiling.gov.in/home
Go to “Income Tax Forms” and then “File Income Tax Forms” under e-File tab.
Select the Form Name as “Form 10A” and the relevant Assessment Year from the drop-down list.
Select the option of “Prepare and Submit online” in submission mode.
Fill in the details as required in the form and attach the required and applicable attachments.
Submit the form using digital signatures or EVC as required while return filing.

Details Required for Incorporation/constitution

Section Code (List attached)
Nature of activities & Type of Constitution as per Trust Deed/MOA/any other instrument
Registration Number & Date of Registration & Name of Authority granting such Registration
Details of Other Registrations, if any. Details of Key Persons

Details of Key Persons:

Below Details of all the Author (s)/ Founder (s)/ Settlor (s)/Trustee (s)/ Members of society/Members of the Governing Council/ Director (s)/ Shareholders holding 5% or more of shareholding / Office Bearer (s) as on the date of application.
In case if any of the persons is not an individual then provide the following below details of the natural persons who are beneficial owners (5% or more) of such person as on the date of application.

Details of Assets & Liabilities

Includes details of long term liabilities, amount of corpus fund, Investments etc.

Income Details

Details from Grant received from Government etc.

Attachments

Self-certified copy of the instrument/document evidencing the creation, or establishment of the applicant (i.e Trust Deed/MOA/any other Instrument)
Self-certified copy of registration with Registrar of Companies or Registrar of Firms and Societies or Registrar of Public Trusts, as the case may be; (i.e. Registration Certificate)
Self-certified copy of existing order granting registration under section 12A or section 12AA or section 12AB, as the case may be
Self-certified copy of existing order granting registration under section 80G of the Income-tax Act, as the case may be Self-certified copy of registration under Foreign Contribution (Regulation) Act, 2010 (42 of 2010), if the applicant is registered under such Act;
Where the applicant has been in existence during any year or years prior to the financial year in which the application for registration is made,
Self-certified copies of the annual accounts of the applicant for a period of immediately three preceding years
Self-certified copy of order of rejection of application for grant of approval under clause (23C) of section 10 or Section 80 G, if any;
Self-certified copy of existing order granting approval under clause (23C) of section 10;