https://www.taxtmi.com/caselaws?id=467053 The note addresses whether late e filing of Form 10B should bar exemption under Sections 11 and 12, concluding that the filing requirement is a directory procedural obligation; where the statutory conditions for charitable exemption are otherwise satisfied and the audit was completed and reported, delay in filing Form 10B may be condoned. The analysis relies on registration requirements, audit and filing timelines, administrative circular guidance, and precedent recognising substantial compliance; the operative effect is that procedural delay does not extinguish substantive entitlement to exemption provided statutory conditions are met. 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 The note addresses whether late e filing of Form 10B should bar exemption under Sections 11 and 12, concluding that the filing requirement is a directory procedural obligation; where the statutory conditions for charitable exemption are otherwise satisfied and the audit was completed and reported, delay in filing Form 10B may be condoned. The analysis relies on registration requirements, audit and filing timelines, administrative circular guidance, and precedent recognising substantial compliance; the operative effect is that procedural delay does not extinguish substantive entitlement to exemption provided statutory conditions are met. Case-Laws Income Tax Mon, 24 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467053