https://www.taxtmi.com/caselaws?id=63025 The ITAT rejected the Revenue's appeal and upheld the assessee's entitlement to the benefits of section 11 of the IT Act. The decision was based on compliance with statutory requirements during assessment proceedings, citing the deeming provision of section 139(4A) and previous ITAT decisions. The ITAT emphasized that filing the audit report before the ITO during proceedings fulfilled the requirements, allowing the assessee to claim exemption under section 11 despite initial non-compliance with section 12A (b). en-us Sat, 19 Sep 1987 00:00:00 +0530 Thu, 27 Jan 2011 13:43:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63025 The ITAT rejected the Revenue's appeal and upheld the assessee's entitlement to the benefits of section 11 of the IT Act. The decision was based on compliance with statutory requirements during assessment proceedings, citing the deeming provision of section 139(4A) and previous ITAT decisions. The ITAT emphasized that filing the audit report before the ITO during proceedings fulfilled the requirements, allowing the assessee to claim exemption under section 11 despite initial non-compliance with section 12A (b). Case-Laws Income Tax Sat, 19 Sep 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63025