https://www.taxtmi.com/caselaws?id=774828 Orissa HC set aside CIT's denial of exemption under Section 12A due to 8-day delay in filing audit report in Form 10B. Court held that technical considerations should not override substantial justice, particularly given COVID-19 pandemic circumstances and technical glitches. The authority failed to properly exercise discretion under Section 119(2)(b) for condonation of delay. Matter remitted to CIT with directions to consider audit reports for AY 2021-22 and 2022-23 as if filed within prescribed period and grant consequential relief. en-us Tue, 17 Jun 2025 00:00:00 +0530 Tue, 15 Jul 2025 08:39:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774828 Orissa HC set aside CIT's denial of exemption under Section 12A due to 8-day delay in filing audit report in Form 10B. Court held that technical considerations should not override substantial justice, particularly given COVID-19 pandemic circumstances and technical glitches. The authority failed to properly exercise discretion under Section 119(2)(b) for condonation of delay. Matter remitted to CIT with directions to consider audit reports for AY 2021-22 and 2022-23 as if filed within prescribed period and grant consequential relief. Case-Laws Income Tax Tue, 17 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774828