https://www.taxtmi.com/caselaws?id=785894 Denial of charitable exemption under sections 11 and 12 based solely on alleged belated filing of Form No. 10B was found unjustified because the audit report and Form No. 10B were on record at the time the return was processed under assessment intimation; reliance on binding precedent led to the conclusion that the appellate authority erred in refusing to condone delay, making the procedural ground contrary to law. Consequently, the exemption refusal was reversed and the assessee's appeal allowed. en-us Fri, 30 Jan 2026 00:00:00 +0530 Mon, 02 Feb 2026 08:20:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785894 Denial of charitable exemption under sections 11 and 12 based solely on alleged belated filing of Form No. 10B was found unjustified because the audit report and Form No. 10B were on record at the time the return was processed under assessment intimation; reliance on binding precedent led to the conclusion that the appellate authority erred in refusing to condone delay, making the procedural ground contrary to law. Consequently, the exemption refusal was reversed and the assessee's appeal allowed. Case-Laws Income Tax Fri, 30 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785894