CBDT Extends Due Date for Filing Form 10B/10BB to 10th November 2024

By: Admin
October 08, 2024
Categories: Income Tax Updates
2 Min Read

The Central Board of Direct Taxes (CBDT) has extended the due date for filing Form 10B and Form 10BB for the Financial Year 2023-24. The new deadline is now 10th November 2024. This extension aims to provide relief to charitable trusts, institutions, and other organizations required to file these forms for tax exemptions under sections 12A and 12AB of the Income Tax Act, 1961.

Key Highlights:

  1. Form 10B: Filed by organizations claiming exemptions under section 12A.
  2. Form 10BB: Filed by specified institutions to claim exemptions under section 10(23C).
  3. New Deadline: Extended to 10th November 2024, providing extra time for compliance.

This extension gives organizations more flexibility in ensuring accurate filing and adherence to regulatory requirements.

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