{"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":"2023-11-18T07:44:22","modified_gmt":"2023-11-18T07:44:22","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":"CBDT Extends Timeline of filling Form 10B, 10BB &#038; ITR-7"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4437\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2022\/05\/NGO.jpg\" alt=\"NGO\" width=\"694\" height=\"331\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2022\/05\/NGO.jpg 325w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2022\/05\/NGO-300x143.jpg 300w\" sizes=\"(max-width: 694px) 100vw, 694px\" \/><\/h2>\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-69cffe186e2e6\" 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-69cffe186e2e6\"  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\/#CBDT_Extends_Timeline_of_filling_Form_10B_Form_10BB_ITR-7_AY_2023-24\" title=\"CBDT Extends Timeline of filling Form 10B, Form 10BB &amp; ITR-7 AY 2023-24\">CBDT Extends Timeline of filling Form 10B, Form 10BB &amp; ITR-7 AY 2023-24<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><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\/#Income_Tax_Return_-ITR-7\" title=\"Income Tax Return -ITR-7 \u00a0: \">Income Tax Return -ITR-7 \u00a0: <\/a><\/li><li class='ez-toc-page-1 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\/#Audit_Report_for_Institutions_Trusts_Us_1023C_80G5vi-_Form_10BB\" title=\"Audit Report for Institutions\/ Trusts U\/s 10(23C) &amp; 80G(5)(vi)- Form 10BB:\">Audit Report for Institutions\/ Trusts U\/s 10(23C) &amp; 80G(5)(vi)- Form 10BB:<\/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\/#Audit_Report_us_12Abin_the_Form_10B\" title=\"Audit Report u\/s 12A(b)in the Form 10B: \">Audit Report u\/s 12A(b)in the Form 10B: <\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"CBDT_Extends_Timeline_of_filling_Form_10B_Form_10BB_ITR-7_AY_2023-24\"><\/span><span style=\"color: #000080;\"><strong>CBDT Extends Timeline of filling Form 10B, Form 10BB &amp; ITR-7 AY 2023-24<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This Article is giving overview of the requirements for filling NGO Audit reports for Form 10B, Form 10BB, &amp; nd ITR-7 for the AY 2023-24. The Central Board of Direct Taxes Extends due date of furnishing audit reports Deadlines for Form 10B, Form 10BB &amp; ITR-7 Assessment Year 2023-24.<\/p>\n<p>Central Board of Direct Taxes Circular No. 16 dated 18.09.2023 issued. The said Circular is available on <a href=\"http:\/\/www.incometaxindia.gov.in\/\">incometaxindia.gov.in<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6266\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/09\/NGO-..jpg\" alt=\"NGO ITR DUE date Extended \" width=\"1080\" height=\"1254\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/09\/NGO-..jpg 1080w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/09\/NGO-.-258x300.jpg 258w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/09\/NGO-.-882x1024.jpg 882w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/09\/NGO-.-768x892.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2023\/09\/NGO-.-800x929.jpg 800w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Income_Tax_Return_-ITR-7\"><\/span><span style=\"color: #000080;\"><strong>Income Tax Return -ITR-7 \u00a0: <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Income Tax Return -ITR-7 is the ITR form used by entities, including trusts, that are required to file returns under various sections mentioned in the form. With ITR-7, NGO will required to attach the audit report (Form 10B or Form 10BB) and other necessary information and documents. It is also required that all the above ITR and Form are correctly filled in the ITR-7 form.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Audit_Report_for_Institutions_Trusts_Us_1023C_80G5vi-_Form_10BB\"><\/span><span style=\"color: #000080;\"><strong>Audit Report for Institutions\/ Trusts U\/s 10(23C) &amp; 80G(5)(vi)- Form 10BB:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Income Tax Audit report prepared &amp; signed by CA in practice under the Form 10BB is needed for institutions &amp; trusts claiming Income tax exemptions U\/s 10(23C) &amp; 80G(5)(vi) which contain activities and compliance of the institution or trust.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Audit_Report_us_12Abin_the_Form_10B\"><\/span><span style=\"color: #000080;\"><strong>Audit Report u\/s 12A(b)in the Form 10B: <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Income Tax Act Form 10B is typically needed to be file by NGO that are registered u\/s 12A(b) said NGO audit report prepared &amp; Signed by a CA in practice that ensured that NGO\u2019s income, expenditure, &amp; activities for the relevant AY.<\/li>\n<\/ul>\n<p>CBDT extends due date for filing of Form 10B\/10BB for FY 2022-23 to 31.10.2023. Due date for furnishing of ITR in Form ITR-7 for the AY 2023-24 also extended to November. 30, 2023.\u00a0 Income Tax update &amp; compliance formalities may change time to time, so NGO\u2019s should consult a tax Expert for update on NGO guidelines &amp; forms issued by the Income tax Dept.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CBDT Extends Timeline of filling Form 10B, Form 10BB &amp; ITR-7 AY 2023-24 This Article is giving overview of the requirements for filling NGO Audit reports for Form 10B, Form 10BB, &amp; nd ITR-7 for the AY 2023-24. The Central Board of Direct Taxes Extends due date of furnishing audit reports Deadlines for Form 10B, &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":6458,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/6259\/revisions\/6458"}],"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}]}}