The Income Tax Department has announced a significant relief for charitable and religious institutions, trusts, and NGOs. The application for condonation of delay under Section 12A in filing Form 10A has now been enabled on the e-filing portal.
What is Form 10A?
Form 10A is used by charitable and religious institutions for registration/approval under the Income Tax Act, such as:
- Section 12AB (registration of charitable or religious trust/institution)
- Section 80G (approval for donations eligible for deduction)
- Section 10(23C) (exemption for specified funds/institutions)
Timely filing of Form 10A is mandatory for securing exemption benefits. However, many trusts faced difficulties in filing the form within the prescribed due date, leading to complications in availing tax benefits.
New Update: Condonation Facility Enabled
Now, trusts and institutions can apply for condonation of delay in filing Form 10A directly from the Income Tax e-filing portal.
Steps to file Condonation Request:
- Login to Income Tax e-filing portal
- Go to Dashboard > Services > Condonation Request
- Select Application for Statutory Forms
- Click on Create Condonation Request button
- Fill in the required details and submit the application
Why is this important?
- Provides a second chance for trusts/NGOs to regularize their delayed filings
- Ensures continuity of exemption benefits under the Income Tax Act
- Reduces risk of disallowance of exemptions for procedural lapses
Key Takeaway
This update is a much-needed relief for organizations that missed the Form 10A deadline. Timely submission of a condonation request will help safeguard tax exemptions and maintain compliance.
📌 Action Point: If your trust/institution missed filing Form 10A, login to the e-filing portal and submit the condonation request at the earliest.
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