https://www.taxtmi.com/caselaws?id=183225 The audit report required to support exemption under section 11 was treated as a procedural, directory requirement rather than a mandatory condition that would defeat substantive relief. Substantial compliance was held sufficient, and delayed production of the report could be accepted where sufficient cause was shown, including at the appellate stage. On the facts, the report had been obtained before the return was filed, so the appellate authority was justified in directing its acceptance and allowing the exemption. Late filing of the audit report did not by itself disentitle the claimant from section 11 relief. en-us Wed, 05 Sep 2012 00:00:00 +0530 Thu, 05 Jun 2025 17:26:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183225 The audit report required to support exemption under section 11 was treated as a procedural, directory requirement rather than a mandatory condition that would defeat substantive relief. Substantial compliance was held sufficient, and delayed production of the report could be accepted where sufficient cause was shown, including at the appellate stage. On the facts, the report had been obtained before the return was filed, so the appellate authority was justified in directing its acceptance and allowing the exemption. Late filing of the audit report did not by itself disentitle the claimant from section 11 relief. Case-Laws Income Tax Wed, 05 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183225