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    Order Under Section 119 of The Income Tax Act 1961

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    Order Under Section 119 of The Income Tax Act 1961

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    Edwin
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    Order-under-section-119-of-the-Income-tax-Act-1961

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    Order Under Section 119 of The Income Tax Act 1961

    Uploaded by

    Edwin

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    © All Rights Reserved
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    Download as pdf or txt
    of 2

    F. No.

    173/ II S/2024- ITA -1


    Government of India
    Ministry of Finance
    Department of Revenue
    Central Board of Direct Taxes
    (ITA-I Division)
    North Block, New Delhi
    Dated: 7, .
    October, 2024

    8ub:- Order under section 119 of the Income-tax Act, 1961 - reg.

    Central Board of Direct Taxes ('CBDT), by Circular No. 02/2024 dated 05.03.2024
    had all owed those tru sts/instituti ons/funds , which have furn ished audit report on or before
    3 1st October, 2023 in Form o. lOB where Form No. 10BB was applicable and vice-versa, to
    furnish the audi t report under clause (b) of the tenth proviso to clause (23C) of section 10 and
    sub-c lause (ii) of clause (b) of sub-section ( I) of section 12A of the Income-tax Act, 1961, in
    the ap plicable Form No. 1OBII OBB for the assessment year 2023-24, on o r before 3 1st March,
    2024.

    2. It has been brought to the notice of the CBDT that in some cases, such
    trusts/institutions/funds, as mentioned above, could not file the audit report in the correct
    prescribed form.

    3. On consideration of the matter, with a view to avoid genuine hardship to those


    trusts/institutions/funds, for which the date of 3 1st March, 2024 was prescribed to furnish the
    audit report in the applicab le Form No. lOB/ I OBB, by the above me nti oned C ircular No .
    02/2024 dated 05.03.2024, the CBDT in exercise of the powers conferred under section 119 of
    the Act, hereby further allows such trusts / institutions/ funds to furnish such aud it repOlt in
    the applicable Form No. lOB / 10BB on or before 10'10 November, 2024.

    4. This issues with the approval of competent authority .

    ACIT (080),
    (HI;:t,
    '~ ~~T
    E-mail: usital-cbdt@gov .in

    Copy to: -
    I. PS to FM/OSD to FM/ PS to MoS (R)/OSD to MoS (R)
    2. PPS to Secretary (Revenue)
    3. The Chairman, CBDT & All Members, CBDT
    4. All Pr. Chief Commissioners of Income-tax/Pr. Director Generals of Income-tax.
    5. Pr. Chief Contro ll er of Accounts, New Delhi
    6. All Joint Secretaries/Cs IT, CBDT
    7. Pr.CIT(M&TP), CBDT and Official spokesperson ofCBDT.
    8. The Additional Director Genera l (PR & PP), New Delhi with a request to undertake
    extens ive media campaign to make the assessees aware of the revised time line for
    furnishing the audit report in correct fo rm .
    9. Addl. C IT, Data-Base Cell - for placing it on www.irsofficerson line.gov.in
    10. Web Manager, % Pr.DG IT (Systems) w ith request to upload on the departmental
    webs ite.
    II. The Guard File.

    ACiT (OSDt . :BDT

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