{"id":6259,"date":"2023-09-19T07:18:43","date_gmt":"2023-09-19T07:18:43","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=6259"},"modified":"2026-09-20T13:49:42","modified_gmt":"2026-09-20T13:49:42","slug":"cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/","title":{"rendered":"Simple Guide for Charitable Trusts &#038; NGOs Form 10B, 10BB"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-11233\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/09\/Screenshot-2026-09-20-184541.png\" alt=\"Form 10B &amp; Form 10BB\" width=\"1009\" height=\"1421\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/09\/Screenshot-2026-09-20-184541.png 389w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/09\/Screenshot-2026-09-20-184541-213x300.png 213w\" sizes=\"(max-width: 1009px) 100vw, 1009px\" \/><\/h2>\n<div>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6ac75f655dad5\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6ac75f655dad5\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#Simple_Guide_for_Charitable_Trusts_NGOs\" title=\"Simple Guide for Charitable Trusts &amp; NGOs\">Simple Guide for Charitable Trusts &amp; NGOs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#Which_Form_Should_Be_Filed\" title=\"Which Form Should Be Filed?\">Which Form Should Be Filed?<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#File_Form_10B_if_any_of_the_following_conditions_are_satisfied\" title=\"File Form 10B if any of the following conditions are satisfied:\">File Form 10B if any of the following conditions are satisfied:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#File_Form_10BB_if_all_of_the_following_conditions_are_satisfied\" title=\"File Form 10BB if all of the following conditions are satisfied:\">File Form 10BB if all of the following conditions are satisfied:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#Simple_Comparison_of_Form_10B_and_Form_10BB\" title=\"Simple Comparison of Form 10B and Form 10BB\">Simple Comparison of Form 10B and Form 10BB<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#Key_Information_Required_in_Form_10B\" title=\"Key Information Required in Form 10B\">Key Information Required in Form 10B<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#Trust_Details\" title=\"Trust Details\u00a0\">Trust Details\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#Management_Details\" title=\"Management Details\">Management Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#Books_of_Accounts\" title=\"Books of Accounts\">Books of Accounts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#Donations_Voluntary_Contributions\" title=\"Donations &amp; Voluntary Contributions\">Donations &amp; Voluntary Contributions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#Application_of_Income\" title=\"Application of Income\">Application of Income<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#Related_Party_Transactions\" title=\"Related Party Transactions\">Related Party Transactions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#Statutory_Compliance\" title=\"Statutory Compliance\">Statutory Compliance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#Important_Compliance_Areas\" title=\"Important Compliance Areas\">Important Compliance Areas<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.caindelhiindia.com\/blog\/cbdt-extends-timeline-of-filling-form-10b-form-10bb-itr-7\/#Recent_Amendment\" title=\"Recent Amendment\">Recent Amendment<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Simple_Guide_for_Charitable_Trusts_NGOs\"><\/span><span style=\"color: #000080;\">Simple Guide for Charitable Trusts &amp; NGOs<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Form 10B and Form 10BB are audit reports required for trusts and institutions claiming exemption under Sections 11 and 12 of the Income-tax Act. The applicable form depends on the income level and certain activities of the trust.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Which_Form_Should_Be_Filed\"><\/span><span style=\"color: #000080;\">Which Form Should Be Filed?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"File_Form_10B_if_any_of_the_following_conditions_are_satisfied\"><\/span><span style=\"color: #000080;\">File Form 10B if any of the following conditions are satisfied:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Total income before exemption u\/s 11 &amp; 12 exceeds INR 5 Crore<\/li>\n<li>The trust has received any Foreign Contribution during the year<\/li>\n<li>Any part of the income has been applied outside India for charitable or religious purposes<\/li>\n<li>Institutions approved u\/s 10(23C) having income above INR 5 Crore also need to file Form 10B.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"File_Form_10BB_if_all_of_the_following_conditions_are_satisfied\"><\/span><span style=\"color: #000080;\">File Form 10BB if all of the following conditions are satisfied:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Total income before exemption under Sections 11 &amp; 12 is up to INR 5 Crore<\/li>\n<li>No Foreign Contribution has been received<\/li>\n<li>No income has been applied outside India.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Simple_Comparison_of_Form_10B_and_Form_10BB\"><\/span><span style=\"color: #000080;\">Simple Comparison of Form 10B and Form 10BB<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"___1dmoc29 f10pi13n ftgm304 f1enuhaj fdclmfp f1nbblvp fat0sn4 f1ov4xf1 fekwl8i f1lmfglv f1oz7aqm f1abmfm4 f1w619qj f16h0jq8\">\n<table class=\"___1vyiefv f1ddd56o f16vktn6 f1ahpp82 f11qra4b f1uinfot fibjyge fvueend f9yszdx f1fu4s3n f3l3pb3 f10ghnd0 f8fmt76 fjvbh62 f1qrqxae f1vw5qpk fc02sbz fxawf59 fymf513 f1aoyrul f1el8yx3 f1pymoxg f1ofu761 fe6itr f7coize f1794535 f1o0pw0q fbjjl9v fk1v6el f16pyhcb f1ixlhx9 f12zef0i flu5r5u f19haqzy f1owmcxx f1oddm8q f1004tna fcoaxci fh0ee9u f15v23i2 f1dmj53 f1r1gcv9 f14z1veh ffufd3x f1ypplot f1660cg\" style=\"height: 204px;\" width=\"915\">\n<tbody>\n<tr>\n<th>Particulars<\/th>\n<th>Form 10B<\/th>\n<th>Form 10BB<\/th>\n<\/tr>\n<tr>\n<td>Income<\/td>\n<td>Above INR 5 Crore<\/td>\n<td>Up to INR 5 Crore<\/td>\n<\/tr>\n<tr>\n<td>Foreign Contribution<\/td>\n<td>Yes<\/td>\n<td>No<\/td>\n<\/tr>\n<tr>\n<td>Application Outside India<\/td>\n<td>Yes<\/td>\n<td>No<\/td>\n<\/tr>\n<tr>\n<td>Reporting Requirements<\/td>\n<td>Detailed<\/td>\n<td>Simplified<\/td>\n<\/tr>\n<tr>\n<td>Compliance Level<\/td>\n<td>Extensive<\/td>\n<td>Basic<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Information_Required_in_Form_10B\"><\/span><span style=\"color: #000080;\">Key Information Required in Form 10B<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Form 10B requires detailed reporting on:<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Trust_Details\"><\/span><span style=\"color: #000080;\">Trust Details\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>PAN<\/li>\n<li>Name and Address<\/li>\n<li>Registration details under 12AB\/80G\/10(23C)<\/li>\n<li>Nature of Trust (Trust, Society, Company, etc.)<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Management_Details\"><\/span><span style=\"color: #000080;\">Management Details<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Trustees<\/li>\n<li>Founders<\/li>\n<li>Authors\/Settlor<\/li>\n<li>Directors and Office Bearers<\/li>\n<li>Related Persons under Section 13(3)<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Books_of_Accounts\"><\/span><span style=\"color: #000080;\">Books of Accounts<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Details of books maintained<\/li>\n<li>Place where books are kept<\/li>\n<li>Compliance with Rule 17AA<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Donations_Voluntary_Contributions\"><\/span><span style=\"color: #000080;\">Donations &amp; Voluntary Contributions<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Form 10BD compliance<\/li>\n<li>Corpus Donations<\/li>\n<li>Anonymous Donations<\/li>\n<li>Foreign Contributions<\/li>\n<li>Donations not reported in Form 10BD<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Application_of_Income\"><\/span><span style=\"color: #000080;\">Application of Income<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Income applied in India<\/li>\n<li>Income applied outside India<\/li>\n<li>Corpus utilization<\/li>\n<li>Loan repayments<\/li>\n<li>Accumulation under Form 10<\/li>\n<li>Deemed application through Form 9A<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Related_Party_Transactions\"><\/span><span style=\"color: #000080;\">Related Party Transactions<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Loans or benefits given to specified persons<\/li>\n<li>Salary or remuneration paid<\/li>\n<li>Property transactions<\/li>\n<li>Investments in related concerns<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Statutory_Compliance\"><\/span><span style=\"color: #000080;\">Statutory Compliance<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>TDS\/TCS compliance<\/li>\n<li>Sections 269SS, 269ST &amp; 269T<\/li>\n<li>Cash payment violations u\/s 40A(3)<\/li>\n<li>Other law violations, if any<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Important_Compliance_Areas\"><\/span><span style=\"color: #000080;\">Important Compliance Areas<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Before filing Form 10B or 10BB, ensure:<\/p>\n<ul>\n<li>Registration under Section 12AB is valid<\/li>\n<li>Form 10BD and donation records are reconciled<\/li>\n<li>Corpus funds are invested as per Section 11(5)<\/li>\n<li>TDS has been deducted and deposited wherever applicable<\/li>\n<li>Related party transactions are properly disclosed<\/li>\n<li>Application of income is correctly calculated<\/li>\n<li>Forms 9A and 10 are filed where required<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Recent_Amendment\"><\/span><span style=\"color: #000080;\">Recent Amendment<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>From 1 October 2024, approvals u\/s 10(23C) are being gradually merged into the registration framework under Sections 11 to 13. Existing approvals remain valid until expiry, but future renewals will generally be under the second regime (Section 12AB).<\/p>\n<p><span style=\"color: #000080;\"><strong>Key Takeaway<\/strong><\/span><\/p>\n<p>Form 10B is a detailed audit report applicable to larger trusts, trusts receiving foreign contributions, or those applying income outside India. Form 10BB is a simplified audit report applicable to smaller trusts having income up to INR 5 Crore and no foreign contribution or overseas application of income<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Simple Guide for Charitable Trusts &amp; NGOs Form 10B and Form 10BB are audit reports required for trusts and institutions claiming exemption under Sections 11 and 12 of the Income-tax Act. The applicable form depends on the income level and certain activities of the trust. Which Form Should Be Filed? File Form 10B if any &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[885,1029],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/6259"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=6259"}],"version-history":[{"count":5,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/6259\/revisions"}],"predecessor-version":[{"id":6261,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/6259\/revisions\/6261"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=6259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=6259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=6259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}