https://www.taxtmi.com/caselaws?id=782518 ITAT Delhi-AT allowed the assessee's appeal, holding that delay in filing/uploading the audit report in Form 10B is a curable defect. It observed that denial of exemption under section 11 solely for late online filing of Form 10B, when the return under section 139(1) was otherwise filed, is a debatable and condonable issue, supported by CBDT Circulars that have already condoned similar delays for prior assessment years. The Tribunal held that disallowance of section 11 exemption while processing the return under section 143(1) was not justified, condoned the delay in filing Form 10B, and directed the AO to grant the benefit of section 11 to the assessee. en-us Thu, 30 Oct 2025 00:00:00 +0530 Mon, 01 Dec 2025 08:50:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782518 ITAT Delhi-AT allowed the assessee's appeal, holding that delay in filing/uploading the audit report in Form 10B is a curable defect. It observed that denial of exemption under section 11 solely for late online filing of Form 10B, when the return under section 139(1) was otherwise filed, is a debatable and condonable issue, supported by CBDT Circulars that have already condoned similar delays for prior assessment years. The Tribunal held that disallowance of section 11 exemption while processing the return under section 143(1) was not justified, condoned the delay in filing Form 10B, and directed the AO to grant the benefit of section 11 to the assessee. Case-Laws Income Tax Thu, 30 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782518