https://www.taxtmi.com/caselaws?id=771927 Tribunal addressed key issues regarding procedural compliance for tax exemption under Section 11 of Income-Tax Act. Held that filing audit report and Form 10 is directory, not mandatory, and late submissions before assessment completion are acceptable. Typographical errors are curable, and delays can be condoned by CIT(A). Directed AO/CPC to allow exemption, rejecting Revenue's strict compliance arguments based on established judicial precedents. en-us Wed, 23 Apr 2025 00:00:00 +0530 Sat, 31 May 2025 12:15:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771927 Tribunal addressed key issues regarding procedural compliance for tax exemption under Section 11 of Income-Tax Act. Held that filing audit report and Form 10 is directory, not mandatory, and late submissions before assessment completion are acceptable. Typographical errors are curable, and delays can be condoned by CIT(A). Directed AO/CPC to allow exemption, rejecting Revenue's strict compliance arguments based on established judicial precedents. Case-Laws Income Tax Wed, 23 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771927