https://www.taxtmi.com/caselaws?id=791643 Exemption under section 11 cannot be denied where the prescribed audit statement, Form No. 10B, is furnished on or before the due date for filing the return under section 139(1), even if it was filed after an earlier internal filing date. On the stated facts, the form was uploaded before the extended return due date, so the statutory condition in section 11(2)(a) read with section 13(9) was satisfied. Accordingly, disallowance at the processing stage was not sustainable, and the assessee remained entitled to the exemption claim. en-us Tue, 12 May 2026 00:00:00 +0530 Thu, 14 May 2026 09:01:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791643 Exemption under section 11 cannot be denied where the prescribed audit statement, Form No. 10B, is furnished on or before the due date for filing the return under section 139(1), even if it was filed after an earlier internal filing date. On the stated facts, the form was uploaded before the extended return due date, so the statutory condition in section 11(2)(a) read with section 13(9) was satisfied. Accordingly, disallowance at the processing stage was not sustainable, and the assessee remained entitled to the exemption claim. Case-Laws Income Tax Tue, 12 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791643