https://www.taxtmi.com/caselaws?id=440009 The Tribunal set aside the lower authorities' orders and directed the Assessing Officer to verify Form No. 10B, allowing the exemption under Section 11 of the Income Tax Act. The Assessee was granted the opportunity to present its case, with the appeal being allowed for statistical purposes. The Tribunal emphasized the availability of the Audit Report before assessment, rather than the mode or stage of filing, following the Gujarat High Court's decision in a similar case. en-us Wed, 05 Jul 2023 00:00:00 +0530 Thu, 06 Jul 2023 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440009 The Tribunal set aside the lower authorities' orders and directed the Assessing Officer to verify Form No. 10B, allowing the exemption under Section 11 of the Income Tax Act. The Assessee was granted the opportunity to present its case, with the appeal being allowed for statistical purposes. The Tribunal emphasized the availability of the Audit Report before assessment, rather than the mode or stage of filing, following the Gujarat High Court's decision in a similar case. Case-Laws Income Tax Wed, 05 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440009