https://www.taxtmi.com/highlights?id=79230 Failure to file Form 10/10B before due date prescribed u/s 139(1) cannot be fatal to deny exemption u/s 11(2), especially when Form 10/10B was available on record when intimation was passed by CPC u/s 143(1). Following binding precedents of Gujarat High Court, other High Courts, and Supreme Court, since Form 10 was available when CPC passed intimation, disallowance of assessee's claim u/s 11(2) is improper. AO directed to consider Form 10 and pass appropriate orders. Assessee's appeal allowed. en-us Mon, 08 Jul 2024 08:40:47 +0530 Mon, 08 Jul 2024 08:40:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79230 Failure to file Form 10/10B before due date prescribed u/s 139(1) cannot be fatal to deny exemption u/s 11(2), especially when Form 10/10B was available on record when intimation was passed by CPC u/s 143(1). Following binding precedents of Gujarat High Court, other High Courts, and Supreme Court, since Form 10 was available when CPC passed intimation, disallowance of assessee's claim u/s 11(2) is improper. AO directed to consider Form 10 and pass appropriate orders. Assessee's appeal allowed. Highlights Income Tax Mon, 08 Jul 2024 08:40:47 +0530 https://www.taxtmi.com/highlights?id=79230