https://www.taxtmi.com/caselaws?id=468927 Exemption under section 11 should not be denied merely because Form 10B was filed with the return and not within the prescribed time. Where a registered charitable trust had the audit report on record when the return was processed under section 143(1), the delay was treated as a procedural lapse rather than a ground to reject substantive exemption. The claim under section 11 was required to be examined on merits with reference to the filed report, and relief was to be granted in accordance with law. en-us Fri, 18 Jul 2025 00:00:00 +0530 Mon, 25 May 2026 20:05:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468927 Exemption under section 11 should not be denied merely because Form 10B was filed with the return and not within the prescribed time. Where a registered charitable trust had the audit report on record when the return was processed under section 143(1), the delay was treated as a procedural lapse rather than a ground to reject substantive exemption. The claim under section 11 was required to be examined on merits with reference to the filed report, and relief was to be granted in accordance with law. Case-Laws Income Tax Fri, 18 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468927