https://www.taxtmi.com/caselaws?id=464649 ITAT held that the requirement to file audit report in Form 10B is directory, not mandatory, and exemption under s.11 cannot be denied solely for delayed filing. Because the assessee's Form 10B was prepared before return filing and ultimately uploaded before issuance of the s.143(1) intimation, and the delay was caused by software glitches amounting to sufficient cause, the Tribunal condoned the delay and allowed the claim of exemption under s.11. en-us Thu, 24 Jul 2025 00:00:00 +0530 Fri, 07 Nov 2025 15:14:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464649 ITAT held that the requirement to file audit report in Form 10B is directory, not mandatory, and exemption under s.11 cannot be denied solely for delayed filing. Because the assessee's Form 10B was prepared before return filing and ultimately uploaded before issuance of the s.143(1) intimation, and the delay was caused by software glitches amounting to sufficient cause, the Tribunal condoned the delay and allowed the claim of exemption under s.11. Case-Laws Income Tax Thu, 24 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464649