https://www.taxtmi.com/caselaws?id=774585 ITAT Surat allowed assessee's appeal regarding disallowance of expenses under section 11 due to non-filing of Form 10B with return of income. The tribunal found that Form 10B was prepared timely with proper UDIN dated 29-09-2019, indicating only procedural delay in e-filing rather than non-preparation. Citing precedents from Gujarat HC in Brahmchari Wadi Trust and Sarvodaya Charitable Trust cases, ITAT held that exemption under section 11 cannot be denied merely for procedural defects when substantial compliance conditions are satisfied and audit report is subsequently submitted to tax authorities. en-us Mon, 21 Apr 2025 00:00:00 +0530 Fri, 11 Jul 2025 08:39:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774585 ITAT Surat allowed assessee's appeal regarding disallowance of expenses under section 11 due to non-filing of Form 10B with return of income. The tribunal found that Form 10B was prepared timely with proper UDIN dated 29-09-2019, indicating only procedural delay in e-filing rather than non-preparation. Citing precedents from Gujarat HC in Brahmchari Wadi Trust and Sarvodaya Charitable Trust cases, ITAT held that exemption under section 11 cannot be denied merely for procedural defects when substantial compliance conditions are satisfied and audit report is subsequently submitted to tax authorities. Case-Laws Income Tax Mon, 21 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774585