https://www.taxtmi.com/caselaws?id=468893 Exemption under section 11 could not be denied solely because Form 10B was uploaded belatedly where the return was filed within the extended due date and the form had been uploaded with the return and during processing. Relying on precedent, the Tribunal treated the filing lapse as insufficient by itself to refuse exemption. It also found that the lower appellate authority should not have finally rejected relief without examining the claim on merits, especially when condonation had already been sought before the competent authority under section 119(2)(b). The matter was therefore remitted for fresh adjudication on merits. en-us Wed, 24 Jul 2024 00:00:00 +0530 Mon, 25 May 2026 15:35:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468893 Exemption under section 11 could not be denied solely because Form 10B was uploaded belatedly where the return was filed within the extended due date and the form had been uploaded with the return and during processing. Relying on precedent, the Tribunal treated the filing lapse as insufficient by itself to refuse exemption. It also found that the lower appellate authority should not have finally rejected relief without examining the claim on merits, especially when condonation had already been sought before the competent authority under section 119(2)(b). The matter was therefore remitted for fresh adjudication on merits. Case-Laws Income Tax Wed, 24 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468893