https://www.taxtmi.com/caselaws?id=765995 Delayed electronic filing of Form 10B was treated as a technical, curable lapse where the return was filed on time, the audit had been completed, a valid UDIN was generated on the return date, and the later-uploaded report matched the return particulars. On those facts, exemption under section 11 of the Income-tax Act, 1961 could not be denied solely for belated upload of the audit report, and the denial of exemption was set aside. The alternate contention on taxation of net income did not require adjudication. en-us Wed, 12 Feb 2025 00:00:00 +0530 Fri, 14 Feb 2025 08:26:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765995 Delayed electronic filing of Form 10B was treated as a technical, curable lapse where the return was filed on time, the audit had been completed, a valid UDIN was generated on the return date, and the later-uploaded report matched the return particulars. On those facts, exemption under section 11 of the Income-tax Act, 1961 could not be denied solely for belated upload of the audit report, and the denial of exemption was set aside. The alternate contention on taxation of net income did not require adjudication. Case-Laws Income Tax Wed, 12 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765995