https://www.taxtmi.com/caselaws?id=762490 ITAT Pune allowed the appeal and granted exemption under section 11. The assessee filed Form 10B audit report through e-portal on 26.12.2020, prior to one month of the due date for filing return of income (15.02.2021), satisfying compliance requirements under section 12(1)(b)(ii) read with section 44AB. Although the assessee failed to reflect the audit report filing in the return of income, ITAT considered this a technical error and pardoned the inadvertent omission. The tribunal set aside the lower authority's order denying exemption. en-us Fri, 29 Nov 2024 00:00:00 +0530 Mon, 02 Dec 2024 08:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762490 ITAT Pune allowed the appeal and granted exemption under section 11. The assessee filed Form 10B audit report through e-portal on 26.12.2020, prior to one month of the due date for filing return of income (15.02.2021), satisfying compliance requirements under section 12(1)(b)(ii) read with section 44AB. Although the assessee failed to reflect the audit report filing in the return of income, ITAT considered this a technical error and pardoned the inadvertent omission. The tribunal set aside the lower authority's order denying exemption. Case-Laws Income Tax Fri, 29 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762490