https://www.taxtmi.com/caselaws?id=778424 Denial of exemption under Sections 11-12 was challenged on grounds of delay in uploading/e filing Form 10B. Court found the delay was caused by bona fide reasons (accident involving the engaged CA firm), accepted an uncontroverted affidavit as fact, and held absence of mala fide or lethargy by the petitioner. Given the petitioner's charitable status and long standing public service, the court concluded discretion to condone delay should have been exercised in favour of the trust and that the application for condonation ought to have been allowed. en-us Wed, 03 Sep 2025 00:00:00 +0530 Mon, 09 Feb 2026 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778424 Denial of exemption under Sections 11-12 was challenged on grounds of delay in uploading/e filing Form 10B. Court found the delay was caused by bona fide reasons (accident involving the engaged CA firm), accepted an uncontroverted affidavit as fact, and held absence of mala fide or lethargy by the petitioner. Given the petitioner's charitable status and long standing public service, the court concluded discretion to condone delay should have been exercised in favour of the trust and that the application for condonation ought to have been allowed. Case-Laws Income Tax Wed, 03 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778424