Circular No. 16 /2024

F.No. 197/ 639 /2024-ITA-I
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

New Delhi, the 18^th November, 2024

Sub: Condonation of delay under section 119(20) of the Income-tax Act, 1961 in filing of Form No. 9A/10/108/10BB for Assessment Year 2018-19 and subsequent assessment years - Reg.

In supersession of all earlier Circulars/Instructions issued by the Central Board of Direct Taxes ('CBDT') from time to time to deal with the applications for condonation of delay in filing Form 9A/I 0/10B/IOBB for Assessment Year 2018-19 and subsequent assessment years, the CBDT in exercise of the powers conferred under section 119(2)0) of the Income Tax Act Cale Act'), authorizes: -

1.1 the Pr. Commissioners of Income Tax (`Pr. CsIT')/ Commissioners of Income Tax

(`CsIT') to admit and deal with applications for condonation of delay in filing Form No. 9A/10/10B/10BB for Assessment Year 2018-19 and subsequent assessment years where there is a delay of upto 365 days.

1.2 the Pr. Chief Commissioners of Income Tax (`Pr. CCsIT')/ Chief Commissioner of

Income Tax (`CCsIT')/ Director Generals of Income Tax (`DGsIT') to admit and deal with applications for condonation of delay in filing Form No. 9A/10/I OB/lOBB for Assessment Year 2018-19 and subsequent assessment years where there is a delay of more than 365 days. 2. The Pr. CCsIT/ CCsIT/ Pr. CsIT/ CsIT while entertaining such applications for condonation of delay in filing Form No. 9A/10/10B/IOBB, shall satisfy themselves that the applicant was prevented by reasonable cause from filing such Forms before the expiry of the time allowed and the case is of genuine hardship on merits.

2.1 Further, in respect of Form No. 10, the Pr. CCsIT/ CCsIT/ Pr. CsIT/ CsIT as the case

may be, shall also satisfy themselves that the amount accumulated or set apart has been invested or deposited in any one or more of the forms or modes specified in sub-section (5) of section 11 of the Act.