https://www.taxtmi.com/caselaws?id=755184 The tribunal allowed the appeal of the assessee, ruling that the disallowance of the exemption claim under section 11(2) of the Income Tax Act was unjustified. It held that the requirement to file Form 10 before the due date under section 139(1) is directory, not mandatory, especially as Form 10 was available when the CPC issued its intimation. The tribunal directed the Assessing Officer to consider Form 10 and pass appropriate orders, emphasizing procedural compliance and statutory interpretation in tax matters. en-us Fri, 05 Jul 2024 00:00:00 +0530 Mon, 08 Jul 2024 08:40:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755184 The tribunal allowed the appeal of the assessee, ruling that the disallowance of the exemption claim under section 11(2) of the Income Tax Act was unjustified. It held that the requirement to file Form 10 before the due date under section 139(1) is directory, not mandatory, especially as Form 10 was available when the CPC issued its intimation. The tribunal directed the Assessing Officer to consider Form 10 and pass appropriate orders, emphasizing procedural compliance and statutory interpretation in tax matters. Case-Laws Income Tax Fri, 05 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755184