https://www.taxtmi.com/highlights?id=56228 Exemption u/s 12 denied - Condonation of delay in filing the Form no.10B - assessee, a public charitable trust past 30 years who substantially satisfies the condition for availing such exemption - the benefit of exemption should not be denied merely on account of delay in furnishing the same and it is permissible for the assessee to produce the audit report at a later stage either before the Income Tax Officer or before the appellate authority by assigning sufficient cause. - HC en-us Thu, 07 Jan 2021 17:34:27 +0530 Thu, 07 Jan 2021 17:34:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56228 Exemption u/s 12 denied - Condonation of delay in filing the Form no.10B - assessee, a public charitable trust past 30 years who substantially satisfies the condition for availing such exemption - the benefit of exemption should not be denied merely on account of delay in furnishing the same and it is permissible for the assessee to produce the audit report at a later stage either before the Income Tax Officer or before the appellate authority by assigning sufficient cause. - HC Highlights Income Tax Thu, 07 Jan 2021 17:34:27 +0530 https://www.taxtmi.com/highlights?id=56228