FORM-10B-TP — Audit Report for Charitable Institutions (transfer pricing cases)
Audit report of a trust or Section 8 company claiming exemption where transfer pricing applies, filed in Form 112 (Form 10B/10BB before 2026-27) by 31 October, one month before its 30 November return.
- Due
- 31 Oct each year
- Frequency
- Annual
- If it lapses
- Exemption may be denied: under s.353(1)(b) the income of the year is taxed — ₹1,00,000. For periods beginning before 1 April 2026: Exemption may be denied; penalty under s.271B up to ₹1,00,000
- Statutory reference
- S.348, Income-tax Act 2025 and rule 188, Income-tax Rules 2026 (s.12A(1)(b), Income-tax Act 1961, for years before 2026-27)
Where this date comes from
- The instrument
- S.348, Income-tax Act 2025 and rule 188, Income-tax Rules 2026 (s.12A(1)(b), Income-tax Act 1961, for years before 2026-27)
- The authority
- Income Tax Department
Mallah Software Services Private Limited has not independently verified this against the gazette. The citation above is the instrument this date is taken from, and it is exact enough for a professional to check. Inside Lawzer a company secretary or chartered accountant can record that they have checked it, against the rule as it read on the day — and that record is withdrawn automatically if the rule later changes. A date nobody has checked says so.
Who has to file it
Every one of these has to hold before FORM-10B-TP binds an entity:
- Section 8 Company and Trust / Society
- transfer pricing applies (s.172)
- not no trust audit required (income within the exemption limit)
- Filed on:
- Income Tax e-Filing
- Usually owned by:
- Accountant
- Typical effort:
- 10 hours
Common questions
- When is FORM-10B-TP due?
- 31 Oct each year. It falls due once a year.
- Who has to file FORM-10B-TP?
- It applies to Section 8 Company and Trust / Society, transfer pricing applies (s.172) and not no trust audit required (income within the exemption limit).
- What is the penalty for filing FORM-10B-TP late?
- Exemption may be denied: under s.353(1)(b) the income of the year is taxed — ₹1,00,000. For periods beginning before 1 April 2026: Exemption may be denied; penalty under s.271B up to ₹1,00,000
- Where is FORM-10B-TP filed?
- Income Tax e-Filing.
Get told before FORM-10B-TP is due
We will email you a week before the next one, and before each one after that.
One email per occurrence of FORM-10B-TP, and nothing else — no newsletter, no other obligations, and your address is never sold or passed on. We send a link to confirm first, and nothing goes out until you follow it. Every message has a one-click link to stop. See the Privacy Policy.
This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.