https://www.taxtmi.com/caselaws?id=459078 The ITAT Ahmedabad ruled in favor of the assessee regarding exemption under section 11(2) despite delayed filing of Form-10. The tribunal held that the benefit of section 11 cannot be denied solely due to belated filing of Form-10, provided it was submitted before completion of assessment. The decision followed the precedent set in Shree Harsaniji Public Charitable Trust case, where similar facts resulted in favor of the assessee. The appeal was allowed. en-us Thu, 06 Apr 2023 00:00:00 +0530 Thu, 28 Nov 2024 19:27:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459078 The ITAT Ahmedabad ruled in favor of the assessee regarding exemption under section 11(2) despite delayed filing of Form-10. The tribunal held that the benefit of section 11 cannot be denied solely due to belated filing of Form-10, provided it was submitted before completion of assessment. The decision followed the precedent set in Shree Harsaniji Public Charitable Trust case, where similar facts resulted in favor of the assessee. The appeal was allowed. Case-Laws Income Tax Thu, 06 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459078