https://www.taxtmi.com/caselaws?id=468933 Belated filing of Form 10BB did not justify denial of exemption under section 11 where the return and audit report were filed on the same date within the extended due date and the report was on record when the return was processed under section 143(1). The adjustment rejecting the claim was therefore not warranted, and the exemption claim had to be examined on merits after taking the audit report into account. en-us Fri, 29 Aug 2025 00:00:00 +0530 Mon, 25 May 2026 20:05:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468933 Belated filing of Form 10BB did not justify denial of exemption under section 11 where the return and audit report were filed on the same date within the extended due date and the report was on record when the return was processed under section 143(1). The adjustment rejecting the claim was therefore not warranted, and the exemption claim had to be examined on merits after taking the audit report into account. Case-Laws Income Tax Fri, 29 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468933