https://www.taxtmi.com/caselaws?id=429558 The ITAT Nagpur allowed the appeal of the assessee, overturning the CIT(A)'s decision to deny exemption under section 11 of the Act. The delay in filing Form 10B was condoned based on CBDT Circular No. 10/2019, leading to the rejection of the disallowance of exemption under section 11. The ITAT found the denial unjustified, considering the circumstances and the circular, ultimately ruling in favor of the assessee. en-us Fri, 28 Oct 2022 00:00:00 +0530 Mon, 31 Oct 2022 08:16:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429558 The ITAT Nagpur allowed the appeal of the assessee, overturning the CIT(A)'s decision to deny exemption under section 11 of the Act. The delay in filing Form 10B was condoned based on CBDT Circular No. 10/2019, leading to the rejection of the disallowance of exemption under section 11. The ITAT found the denial unjustified, considering the circumstances and the circular, ultimately ruling in favor of the assessee. Case-Laws Income Tax Fri, 28 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429558