CBDT allows Condonation of Delays in Form 10IB and Form 10IC Fillings for Covid Period Assessment Years [Read Circular]
Under the provisions of the circular, the CBDT has delegated powers to different levels of tax authorities to handle applications for condonation of delay
By Manu Sharma - On November 20, 2024 12:46 pm - 2 mins read
The Central Board of Direct Taxes (CBDT) has issued a pivotal circular allowing condonation of delays in filing Form 10IC and Form 10ID for the assessment years 2020-21, 2021-22, and 2022-23. These forms are important for taxpayers opting for concessional tax regimes under Sections 115BAA and 115BAB of the Income-tax Act, 1961. The move is…
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