https://www.taxtmi.com/caselaws?id=28048 The High Court ruled in favor of the trust seeking exemption under section 11(2) of the Income-tax Act, 1961. The court held that the trust had reasonable cause for the delay in filing returns due to the lack of response from the Income Tax Officer (ITO) regarding extension requests. Emphasizing the importance of timely notice and Form No. 10 under rule 17, the court extended the deadline for filing returns and answered the referred question in the negative, favoring the trust. en-us Wed, 04 Jan 1984 00:00:00 +0530 Wed, 17 Feb 2010 16:01:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28048 The High Court ruled in favor of the trust seeking exemption under section 11(2) of the Income-tax Act, 1961. The court held that the trust had reasonable cause for the delay in filing returns due to the lack of response from the Income Tax Officer (ITO) regarding extension requests. Emphasizing the importance of timely notice and Form No. 10 under rule 17, the court extended the deadline for filing returns and answered the referred question in the negative, favoring the trust. Case-Laws Income Tax Wed, 04 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28048