https://www.taxtmi.com/caselaws?id=754741 ITAT Raipur denied trust's exemption claim under Section 11(2) due to failure to file Form 10B electronically within the due date specified under Section 139(1). The trust obtained audit report on 10.08.2016 but e-filed it on 06.12.2018, well beyond the 17.10.2016 deadline. The case did not satisfy conditions under CBDT Circular No. 10 Para 4(i) for condonation of delay, and no application was filed under Section 119(2)(b). However, regarding salary expenditure disallowance of Rs.6 lacs paid to trustee-cardiologist, ITAT remanded the matter to AO for verification of authenticity, noting similar payments were accepted in previous assessment year. Appeal was partly allowed for statistical purposes. en-us Wed, 24 Jan 2024 00:00:00 +0530 Sat, 29 Jun 2024 08:38:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754741 ITAT Raipur denied trust's exemption claim under Section 11(2) due to failure to file Form 10B electronically within the due date specified under Section 139(1). The trust obtained audit report on 10.08.2016 but e-filed it on 06.12.2018, well beyond the 17.10.2016 deadline. The case did not satisfy conditions under CBDT Circular No. 10 Para 4(i) for condonation of delay, and no application was filed under Section 119(2)(b). However, regarding salary expenditure disallowance of Rs.6 lacs paid to trustee-cardiologist, ITAT remanded the matter to AO for verification of authenticity, noting similar payments were accepted in previous assessment year. Appeal was partly allowed for statistical purposes. Case-Laws Income Tax Wed, 24 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754741