https://www.taxtmi.com/caselaws?id=784603 Delayed filing of Form 10B by a charitable trust, where the audit report was furnished only four days after the due date but before completion of processing under Section 143(1), was treated as a procedural lapse and not a ground to deny exemption under Section 11(1) of the Income-tax Act, 1961. The filing requirement was held to be directory rather than mandatory, so a short delay by itself could not defeat the statutory exemption. The impugned orders were set aside and the exemption claim restored. en-us Tue, 23 Dec 2025 00:00:00 +0530 Thu, 08 Jan 2026 08:22:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784603 Delayed filing of Form 10B by a charitable trust, where the audit report was furnished only four days after the due date but before completion of processing under Section 143(1), was treated as a procedural lapse and not a ground to deny exemption under Section 11(1) of the Income-tax Act, 1961. The filing requirement was held to be directory rather than mandatory, so a short delay by itself could not defeat the statutory exemption. The impugned orders were set aside and the exemption claim restored. Case-Laws Income Tax Tue, 23 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784603