https://www.taxtmi.com/caselaws?id=465882 Denial of tax exemption was premised on non-filing of the audit report with the return, but the audit report was produced during assessment proceedings and had been prepared within time. The legal position applied treats filing of the audit report as a substantive requirement rather than a procedural nodal stage, so availability of the Report in Form 12B to the assessing officer during assessment satisfies the statutory requirement, entitling the assessee to exemption. The auditors failure to upload the report on the portal was held not to be imputable to the assessee, and the exemption was therefore allowed. en-us Fri, 05 Jan 2024 00:00:00 +0530 Wed, 14 Jan 2026 08:56:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465882 Denial of tax exemption was premised on non-filing of the audit report with the return, but the audit report was produced during assessment proceedings and had been prepared within time. The legal position applied treats filing of the audit report as a substantive requirement rather than a procedural nodal stage, so availability of the Report in Form 12B to the assessing officer during assessment satisfies the statutory requirement, entitling the assessee to exemption. The auditors failure to upload the report on the portal was held not to be imputable to the assessee, and the exemption was therefore allowed. Case-Laws Income Tax Fri, 05 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465882