https://www.taxtmi.com/caselaws?id=461046 Delayed filing of Form 10B for exemption under Section 11 was treated as a condonable procedural defect because the auditor's report filing requirement was directory in nature. The later administrative circular under Section 119(2)(b) permitted the Commissioner to condone delay beyond 365 days, up to three years from assessment year 2018-19 onwards, and the earlier circular was not shown to exclude that relief. On that basis, condonation was upheld and the Revenue's challenge to the Section 143(1) adjustment did not succeed. en-us Wed, 10 Jan 2024 00:00:00 +0530 Sat, 08 Mar 2025 15:22:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461046 Delayed filing of Form 10B for exemption under Section 11 was treated as a condonable procedural defect because the auditor's report filing requirement was directory in nature. The later administrative circular under Section 119(2)(b) permitted the Commissioner to condone delay beyond 365 days, up to three years from assessment year 2018-19 onwards, and the earlier circular was not shown to exclude that relief. On that basis, condonation was upheld and the Revenue's challenge to the Section 143(1) adjustment did not succeed. Case-Laws Income Tax Wed, 10 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461046