https://www.taxtmi.com/caselaws?id=759482 ITAT Bangalore remitted the matter to AO after finding that available circulars regarding condonation of delay in filing Form 10B were not considered. The tribunal noted that CIT(A) incorrectly denied condonation by stating insufficient cause was shown by the assessee, contrary to facts. AO was directed to accept Form 10B on record, verify the section 11 exemption claim in accordance with law, and provide proper hearing opportunity to the assessee. The appeal was partly allowed for statistical purposes. en-us Fri, 06 Sep 2024 00:00:00 +0530 Mon, 14 Oct 2024 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759482 ITAT Bangalore remitted the matter to AO after finding that available circulars regarding condonation of delay in filing Form 10B were not considered. The tribunal noted that CIT(A) incorrectly denied condonation by stating insufficient cause was shown by the assessee, contrary to facts. AO was directed to accept Form 10B on record, verify the section 11 exemption claim in accordance with law, and provide proper hearing opportunity to the assessee. The appeal was partly allowed for statistical purposes. Case-Laws Income Tax Fri, 06 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759482