https://www.taxtmi.com/caselaws?id=468931 A procedural delay in filing audit report Form 10B should not by itself defeat a claim for exemption under section 11 where the report was already available during processing and the substantive eligibility conditions were otherwise satisfied. The article notes that the delay was treated as condonable because it was procedural in nature, and the exemption could not be denied on a mere technicality. The benefit under section 11 remains available subject to due verification and satisfaction of the prescribed conditions. en-us Fri, 25 Jul 2025 00:00:00 +0530 Mon, 25 May 2026 20:05:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468931 A procedural delay in filing audit report Form 10B should not by itself defeat a claim for exemption under section 11 where the report was already available during processing and the substantive eligibility conditions were otherwise satisfied. The article notes that the delay was treated as condonable because it was procedural in nature, and the exemption could not be denied on a mere technicality. The benefit under section 11 remains available subject to due verification and satisfaction of the prescribed conditions. Case-Laws Income Tax Fri, 25 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468931