https://www.taxtmi.com/caselaws?id=12394 Section 13(2)(h) was not attracted on the facts, so the assessee-trust continued to qualify for exemption under section 11 of the Income-tax Act, 1961. The Gujarat High Court followed its earlier view that similar circumstances did not trigger the statutory disqualification under section 13(2)(h) read with section 13(3). The late filing of the audit report under section 12A(b) was treated as a technical lapse and, by itself, did not justify denial of the substantive exemption. The trust therefore remained entitled to section 11 relief. en-us Wed, 03 Jul 2002 00:00:00 +0530 Tue, 23 Feb 2010 15:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12394 Section 13(2)(h) was not attracted on the facts, so the assessee-trust continued to qualify for exemption under section 11 of the Income-tax Act, 1961. The Gujarat High Court followed its earlier view that similar circumstances did not trigger the statutory disqualification under section 13(2)(h) read with section 13(3). The late filing of the audit report under section 12A(b) was treated as a technical lapse and, by itself, did not justify denial of the substantive exemption. The trust therefore remained entitled to section 11 relief. Case-Laws Income Tax Wed, 03 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12394