https://www.taxtmi.com/caselaws?id=770896 ITAT Delhi allowed the assessee's appeal regarding exemption under sections 11 and 12. The AO had denied exemption due to non-filing of audit report in Form 10B electronically with the return. The tribunal held that filing Form 10B was directory in nature, not mandatory, noting CBDT had relaxed this condition in earlier assessment years. The tribunal directed the AO to allow the exemption claim, ruling that compliance with Form 10B filing requirements was not strictly mandatory for availing benefits under sections 11 and 12. en-us Wed, 14 May 2025 00:00:00 +0530 Mon, 10 Aug 2026 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770896 ITAT Delhi allowed the assessee's appeal regarding exemption under sections 11 and 12. The AO had denied exemption due to non-filing of audit report in Form 10B electronically with the return. The tribunal held that filing Form 10B was directory in nature, not mandatory, noting CBDT had relaxed this condition in earlier assessment years. The tribunal directed the AO to allow the exemption claim, ruling that compliance with Form 10B filing requirements was not strictly mandatory for availing benefits under sections 11 and 12. Case-Laws Income Tax Wed, 14 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770896