https://www.taxtmi.com/caselaws?id=777520 ITAT RAJKOT - AT held that filing Form No.10B during assessment proceedings before the AO/CPC-AO is sufficient compliance for claiming exemption under s.11, and a trust's genuine entitlement to exemption should not be denied solely because the audit report was filed during assessment rather than before the return due date. The tribunal directed the AO to examine the Form No.10B and adjudicate per law and treated the assessee's appeal as allowed for statistical purposes. en-us Thu, 09 Jan 2025 00:00:00 +0530 Sat, 30 Aug 2025 14:12:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777520 ITAT RAJKOT - AT held that filing Form No.10B during assessment proceedings before the AO/CPC-AO is sufficient compliance for claiming exemption under s.11, and a trust's genuine entitlement to exemption should not be denied solely because the audit report was filed during assessment rather than before the return due date. The tribunal directed the AO to examine the Form No.10B and adjudicate per law and treated the assessee's appeal as allowed for statistical purposes. Case-Laws Income Tax Thu, 09 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777520