https://www.taxtmi.com/caselaws?id=778164 ITAT held that filing the prescribed audit report after filing the return but within the extended statutory due date satisfies compliance under section 12A(1)(b) for claiming exemptions under sections 11 and 12. The Tribunal found no defect in submitting the audit report post-return so long as it was filed within the prescribed time, set aside the lower authorities' adverse finding, allowed the grounds, and directed the CPC to grant the benefit of exemption under sections 11 and 12 to the appellant. en-us Tue, 09 Sep 2025 00:00:00 +0530 Thu, 11 Sep 2025 08:29:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778164 ITAT held that filing the prescribed audit report after filing the return but within the extended statutory due date satisfies compliance under section 12A(1)(b) for claiming exemptions under sections 11 and 12. The Tribunal found no defect in submitting the audit report post-return so long as it was filed within the prescribed time, set aside the lower authorities' adverse finding, allowed the grounds, and directed the CPC to grant the benefit of exemption under sections 11 and 12 to the appellant. Case-Laws Income Tax Tue, 09 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778164