https://www.taxtmi.com/caselaws?id=308375 HC held that failure to file the audit report in Form 10B along with the return was a procedural omission, not a substantive bar to exemption. Where the audit report (Form 12B) was placed before the Assessing Officer prior to assessment, the statutory requirement was satisfied. The Tribunal erred in dismissing the appeal; the assessee was entitled to exemptions under ss. 11(1) and 11(2). Decision in favour of the assessee. en-us Tue, 21 Mar 2023 00:00:00 +0530 Tue, 28 Oct 2025 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308375 HC held that failure to file the audit report in Form 10B along with the return was a procedural omission, not a substantive bar to exemption. Where the audit report (Form 12B) was placed before the Assessing Officer prior to assessment, the statutory requirement was satisfied. The Tribunal erred in dismissing the appeal; the assessee was entitled to exemptions under ss. 11(1) and 11(2). Decision in favour of the assessee. Case-Laws Income Tax Tue, 21 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308375