https://www.taxtmi.com/caselaws?id=403412 The Tribunal allowed the appeal filed by the assessee against the disallowance of the exemption claimed under section 11 (1) (a) for the assessment year 2014-15. The decision was based on compliance with statutory provisions regarding the audit report filing, following a precedent where a similar claim of exemption was allowed despite a delay in filing the audit report. The Tribunal found the rejection of the rectification application by the Deputy Commissioner of Income Tax to be unjustified, considering the technical nature of the oversight in mentioning the auditor's name in the return of income. en-us Wed, 27 Jan 2021 00:00:00 +0530 Thu, 28 Jan 2021 10:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403412 The Tribunal allowed the appeal filed by the assessee against the disallowance of the exemption claimed under section 11 (1) (a) for the assessment year 2014-15. The decision was based on compliance with statutory provisions regarding the audit report filing, following a precedent where a similar claim of exemption was allowed despite a delay in filing the audit report. The Tribunal found the rejection of the rectification application by the Deputy Commissioner of Income Tax to be unjustified, considering the technical nature of the oversight in mentioning the auditor's name in the return of income. Case-Laws Income Tax Wed, 27 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403412