https://www.taxtmi.com/caselaws?id=779346 ITAT, Hyderabad allowed the appeal, holding that the audit report in Form 10B was filed with the return on the extended due date and was available to the CPC when the return was processed under section 143(1); the minor delay caused by the COVID pandemic could not justify denial of exemption under sections 11 and 12. The tribunal, relying on a HC decision that condoned similar delay, directed reconsideration on merits and set aside the addition made by the CPC. en-us Fri, 26 Sep 2025 00:00:00 +0530 Sat, 04 Oct 2025 08:22:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779346 ITAT, Hyderabad allowed the appeal, holding that the audit report in Form 10B was filed with the return on the extended due date and was available to the CPC when the return was processed under section 143(1); the minor delay caused by the COVID pandemic could not justify denial of exemption under sections 11 and 12. The tribunal, relying on a HC decision that condoned similar delay, directed reconsideration on merits and set aside the addition made by the CPC. Case-Laws Income Tax Fri, 26 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779346