https://www.taxtmi.com/caselaws?id=771321 Orissa HC set aside CIT order denying income tax exemption under Section 12A due to 26-day delay in filing audit report Form 10B. Court held that technical delay should not override substantial justice, particularly considering COVID-19 pandemic circumstances and technical glitches in 2022. CIT failed to properly exercise discretionary power under Section 119(2)(b) for condonation of delay. Matter remitted to CIT for reconsideration of audit report and exemption claim, emphasizing genuine hardship faced by petitioner during pandemic period. en-us Wed, 14 May 2025 00:00:00 +0530 Fri, 23 May 2025 08:46:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771321 Orissa HC set aside CIT order denying income tax exemption under Section 12A due to 26-day delay in filing audit report Form 10B. Court held that technical delay should not override substantial justice, particularly considering COVID-19 pandemic circumstances and technical glitches in 2022. CIT failed to properly exercise discretionary power under Section 119(2)(b) for condonation of delay. Matter remitted to CIT for reconsideration of audit report and exemption claim, emphasizing genuine hardship faced by petitioner during pandemic period. Case-Laws Income Tax Wed, 14 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771321