Exemption U/s. 10B & Deduction U/s. 80IB(10)- Return filed after Due date

[nasrullah_azhar]

Good Afternoon sir,

One of the Assessee Company filed its Return of Income after the Due date claiming U/s. 10B. Is it possible to claim exemption for the Return filed after the due date. Pls refer any case laws

Thanks

Regards
SBA Mohammed Azharudeen
Student

[pawansingla]

The only alternative before you is to file a writ petition before high court explaining extraordinary circumstances for delay. Or if you have sought time from the Assessing Officer due to some reasons.otherwisw there is no hope.

[pawansingla]

The other alternative is to request to CBDT u/s 119(2) explaining your hardship. After their rejection , you amy file a writ in the High Court.