Circular No. 16/2023

Extension of timelines for filing of Form 10B/10BB and Form ITR-7 for the Assessment Year 2023-24

What this is

Circular No. 16/2023 was issued by the Central Board of Direct Taxes on 18 September 2023. Its subject is Extension of timelines for filing of Form 10B/10BB and Form ITR-7 for the Assessment Year 2023-24.

This is an extension of time. It moves a date that the Act or the Rules otherwise fix, and it does so only for the compliance and the period it names — not for anything else that happens to fall due at the same time.

The instrument itself

The text, read by machine from the scan

This is not the department’s typed text. The department published this one as a scanned image of a signed paper, so there is no text in the file to copy. What follows was read off that image by optical character recognition and is reproduced without correction — the mistakes you can see are the machine’s, and there may be others you cannot. It is here so the document can be found and read; it is not a substitute for the file, which is linked below. Do not quote from this page.

Circular No. 16/2023
F. No. 225/177/2023/ITA-II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
KEEKK

New Delhi, dated 18 September 2023

Subject: - Extension of timelines for filing of Form 10B/10BB and Form ITR-7 for the

Assessment Year 2023-24 reg.

On consideration of difficulties reported by the taxpayers and other stakeholders, the Central

Board of Direct Taxes (CBDT), in exercise of its powers under Section 119 of the Income-tax

Act,1961 (Act), provides relaxation in respect of following compliances:

1. The due date of furnishing Audit report under clause (b) of the tenth proviso to clause (23C) of section 10 and sub-clause (ii) of clause (b) of sub-section (1) of section 12A of the Income-tax
Act, 1961, in the case of a fund or trust or institution or any university or other educational institution or any hospital or other medical institution in Form 10B/Form 10BB for the Previous
Year 2022-23, which is 30" September, 2023, is hereby extended to 31t October, 2023.

2. The due date of furnishing of Return of Income in Form ITR-7 for the Assessment Year 2023-
24 in the case of assessees referred to in clause (a) of Explanation 2 to sub-section (1) of section
139 of the Act, which is 31‘ October, 2023, is hereby extended to 30 November, 2023.

Sd/-

(Ravinder Maini)

Director to the Government of India

Copy to:

1. PS to F.M,/ PS to MoS (F).

2. PS to Revenue Secretary.

3. Chairman (CBDT) & All Members of CBDT.

4. All Pr. CCsIT/CCsIT/Pr. DGsIT/DGsIT.

5. All Joint Secretaries/CsIT, CBDT.

6. Directors/Deputy Secretaries/Under Secretaries of CBDT.

7. Web Manager, with a request to place the order on official Income-tax website.
8. CIT (M&TP), Official Spokesperson of CBDT with a request to publicize widely.
9. JCIT, Data Base Cell for placing it on irsofficersonline. gov.in.

10. The Institute of Chartered Accountants of India, IP Estate, New Delhi.

11. All Chambers of Commerce.

12. The Guard File.

ON apea}ror8
(Ravinder Maini)
Director to the Government of India

Source: the department’s scanned file.

← Circular No. 17/2023 · Circular No. 15/2023 →

A circular binds the department, not you and not a court. The Board issues a circular to its own officers. An assessee may hold the department to a circular that helps him; the department cannot hold an assessee to one that hurts him, and the Tribunal and the courts decide the law for themselves.

Source: the Income Tax Department’s own published text — its page for this instrument.