https://www.taxtmi.com/caselaws?id=757973 Gujarat HC allowed a trust's petition challenging denial of section 11 exemption due to delayed filing of Form 10B audit report. The court found the revenue authority adopted a pedantic approach in rejecting the condonation application despite genuine hardship shown - clerical staff delay due to chartered accountant's brain tumor. Since the audit report was obtained before the return filing due date but couldn't be uploaded, the court quashed the impugned order and directed condonation of delay to enable the petitioner trust to claim section 11 exemption. en-us Fri, 23 Aug 2024 00:00:00 +0530 Thu, 05 Sep 2024 07:50:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757973 Gujarat HC allowed a trust's petition challenging denial of section 11 exemption due to delayed filing of Form 10B audit report. The court found the revenue authority adopted a pedantic approach in rejecting the condonation application despite genuine hardship shown - clerical staff delay due to chartered accountant's brain tumor. Since the audit report was obtained before the return filing due date but couldn't be uploaded, the court quashed the impugned order and directed condonation of delay to enable the petitioner trust to claim section 11 exemption. Case-Laws Income Tax Fri, 23 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757973