https://www.taxtmi.com/caselaws?id=463110 Filing the audit report in Form 10B one month before the return was treated as a procedural requirement, and its delayed filing did not by itself justify denial of exemption under section 11 to a charitable trust registered under section 12A. As the exemption claim had been rejected solely on that ground, the matter required fresh examination on merits with reference to the audit report. The Tribunal therefore set aside the denial and remanded the exemption claim for reconsideration by the Jurisdictional Assessing Officer; the connected stay application accordingly ceased to survive. en-us Fri, 31 Jan 2025 00:00:00 +0530 Wed, 06 Aug 2025 22:01:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463110 Filing the audit report in Form 10B one month before the return was treated as a procedural requirement, and its delayed filing did not by itself justify denial of exemption under section 11 to a charitable trust registered under section 12A. As the exemption claim had been rejected solely on that ground, the matter required fresh examination on merits with reference to the audit report. The Tribunal therefore set aside the denial and remanded the exemption claim for reconsideration by the Jurisdictional Assessing Officer; the connected stay application accordingly ceased to survive. Case-Laws Income Tax Fri, 31 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463110