https://www.taxtmi.com/caselaws?id=771208 Section 11 exemption was held available despite Form 10B being filed after the due date under section 139(1), because the audit-report filing requirement was treated as directory rather than mandatory. The Tribunal accepted that the report could be uploaded even during appellate proceedings, so the substantive charitable exemption was not denied on the basis of delayed compliance. The disallowance was therefore set aside, with only consequential verification and computation left to the Assessing Officer. en-us Wed, 23 Apr 2025 00:00:00 +0530 Thu, 22 May 2025 08:21:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771208 Section 11 exemption was held available despite Form 10B being filed after the due date under section 139(1), because the audit-report filing requirement was treated as directory rather than mandatory. The Tribunal accepted that the report could be uploaded even during appellate proceedings, so the substantive charitable exemption was not denied on the basis of delayed compliance. The disallowance was therefore set aside, with only consequential verification and computation left to the Assessing Officer. Case-Laws Income Tax Wed, 23 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771208