https://www.taxtmi.com/caselaws?id=754128 ITAT, Ahmedabad held that exemption under s.11 could not be denied where Form 10B (audit report) was uploaded by the trust's auditor on the portal before the intimation under s.143(1) was issued, finding no mala fide delay; claim of application of income was allowed. The tribunal also held s.234F inapplicable because the return was filed by the trust before the due date under s.139(1). Appeal of the assessee succeeded. en-us Fri, 14 Jun 2024 00:00:00 +0530 Mon, 22 Sep 2025 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754128 ITAT, Ahmedabad held that exemption under s.11 could not be denied where Form 10B (audit report) was uploaded by the trust's auditor on the portal before the intimation under s.143(1) was issued, finding no mala fide delay; claim of application of income was allowed. The tribunal also held s.234F inapplicable because the return was filed by the trust before the due date under s.139(1). Appeal of the assessee succeeded. Case-Laws Income Tax Fri, 14 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754128