| Question And Answer | |
|---|---|
| Subject: | Delay in filing Form 10IE and ITR |
| Category: | Income-Tax |
| Querist: | BHASKARA VARIER P |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | condonation of delay |
| Date: | February 14, 2024 |
Any remedy for condonation of delay in filing form 10IE and return after due date. Any case laws available on this issue.
Reply of the Expert is awaited. Please check back later
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Application for condonation of delay should be filed with CIT. Recently ITAT, Pune in case of Akshay Devendra Birari has held that filing Form 10IE is directory & not mandatory in nature and Department should consider Form 10IE while processing the Return.
However, if Return too is also beated then it’s unlikely that the benefit of new regime will be granted.