https://www.taxtmi.com/caselaws?id=775600 The ITAT Delhi allowed the assessee's appeal, holding that the assessee was required to file the tax audit report under Form 10B rather than Form 10BB to claim exemption under section 11. Since the assessee applied its income outside India, the Tribunal found merit in the assessee's contention and directed the Assessing Officer to recompute income accordingly, treating the assessee as eligible for the section 11 exemption. The claim denial was set aside. en-us Tue, 03 Jun 2025 00:00:00 +0530 Mon, 28 Jul 2025 08:27:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775600 The ITAT Delhi allowed the assessee's appeal, holding that the assessee was required to file the tax audit report under Form 10B rather than Form 10BB to claim exemption under section 11. Since the assessee applied its income outside India, the Tribunal found merit in the assessee's contention and directed the Assessing Officer to recompute income accordingly, treating the assessee as eligible for the section 11 exemption. The claim denial was set aside. Case-Laws Income Tax Tue, 03 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775600