Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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CBDT Extends Time Limit for Form 10AB filing to 30.06.2024: ITAT Sets Aside CIT (E) order Canceling Trust Registration u/s 12 AB
Income Tax
The Chennai Income Tax Appellate Tribunal (ITAT) overturned the Commissioner of Income Tax (Exemption) [CIT(E)]'s order canceling The Earth Trust's registration under Section 12AB, citing the Central Board of Direct Taxes' (CBDT) extension for filing Form 10AB to 30.06.2024. The trust had filed the form on 02.06.2023, after the original deadline.
Despite CIT(E) deeming the application time-barred, the ITAT referenced multiple CBDT extensions, including Circular No.07/24 extending the deadline to 30.06.2024. Thus, ITAT directed CIT(E) to reassess the application on its merits, disregarding the timeline issue, and allowed the appeal for statistical purposes.
