https://www.taxtmi.com/caselaws?id=773900 The Orissa HC ruled in favor of the petitioner who was denied income tax exemption under Section 12A due to an eight-day delay in filing the audit report in Form 10B under Rule 17B. The court held that exemption should not be denied merely for delayed submission of the audit report, especially considering the COVID-19 pandemic and technical difficulties faced during March 2022. The court noted the petitioner's genuine stance regarding technical glitches and the continuing pandemic situation. The matter was remitted to the Commissioner of Income Tax (Exemption), Hyderabad, with directions to reconsider the audit report and grant consequential relief to the petitioner. en-us Tue, 17 Jun 2025 00:00:00 +0530 Sat, 28 Jun 2025 13:10:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773900 The Orissa HC ruled in favor of the petitioner who was denied income tax exemption under Section 12A due to an eight-day delay in filing the audit report in Form 10B under Rule 17B. The court held that exemption should not be denied merely for delayed submission of the audit report, especially considering the COVID-19 pandemic and technical difficulties faced during March 2022. The court noted the petitioner's genuine stance regarding technical glitches and the continuing pandemic situation. The matter was remitted to the Commissioner of Income Tax (Exemption), Hyderabad, with directions to reconsider the audit report and grant consequential relief to the petitioner. Case-Laws Income Tax Tue, 17 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773900