https://www.taxtmi.com/caselaws?id=789018 Charitable exemption under sections 11 and 12 cannot be denied merely because the return was filed belatedly under section 139(4) after the due date under section 139(1), where the claim is otherwise examinable on merits. Likewise, delayed filing of Form No. 10B is treated as a procedural defect and not a standalone ground for refusal when the audit report is ultimately available for scrutiny before final determination. The stated position is that substantial compliance is sufficient in such circumstances, and the exemption claim should be considered in accordance with law on the basis of the return and audit report. en-us Thu, 19 Feb 2026 00:00:00 +0530 Thu, 02 Apr 2026 08:50:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789018 Charitable exemption under sections 11 and 12 cannot be denied merely because the return was filed belatedly under section 139(4) after the due date under section 139(1), where the claim is otherwise examinable on merits. Likewise, delayed filing of Form No. 10B is treated as a procedural defect and not a standalone ground for refusal when the audit report is ultimately available for scrutiny before final determination. The stated position is that substantial compliance is sufficient in such circumstances, and the exemption claim should be considered in accordance with law on the basis of the return and audit report. Case-Laws Income Tax Thu, 19 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789018