https://www.taxtmi.com/caselaws?id=467053 Late e-filing of Form 10B does not by itself defeat exemption under Sections 11 and 12 where a charitable entity otherwise satisfies the substantive statutory conditions. Form 10B filing requirements are treated as directory and procedural, particularly where the audit was completed and the audit report was filed. Delay may be condoned under the applicable framework, including administrative guidance and the condonation power under Section 119(2)(b), allowing substantial compliance to preserve the exemption claim. Exemption remains available subject to fulfilment of all statutory conditions. en-us Mon, 24 Feb 2025 00:00:00 +0530 Tue, 03 Mar 2026 17:28:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467053 Late e-filing of Form 10B does not by itself defeat exemption under Sections 11 and 12 where a charitable entity otherwise satisfies the substantive statutory conditions. Form 10B filing requirements are treated as directory and procedural, particularly where the audit was completed and the audit report was filed. Delay may be condoned under the applicable framework, including administrative guidance and the condonation power under Section 119(2)(b), allowing substantial compliance to preserve the exemption claim. Exemption remains available subject to fulfilment of all statutory conditions. Case-Laws Income Tax Mon, 24 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467053