The Ministry of Finance (MoF) on March 23, 2026, issued the clarification regarding the power to condone delay in filing Form No. 10A under sub-clause (I) clause (ac) of sub-section (1) of section 12A of the Income Tax Act, 1961.
The following has been stated:
• This circular clarifies the authority for condonation of delay in filing Form 10A for registration of trusts/institutions under Section 12A(1)(ac)(i) of the Income Tax Act, 1961, which is required to avail benefits under Sections 11 and 12. Although the Director of Income Tax (CPC), Bengaluru, is the statutory authority for granting registration, an amendment effective October 01, 2024, allows condonation of delay for late applications.
• To remove confusion, the Board has clarified that the jurisdictional Principal Commissioner of Income Tax or Commissioner of Income Tax is empowered to condone such delays under Section 119(2)(b).
• This relief ensures that eligible trusts are not denied registration solely due to delay. The circular applies to all pending and future cases of delayed Form 10A filings.
[Notification no. 01/2026]
