https://www.taxtmi.com/caselaws?id=793482 Delayed electronic filing of Form 10B did not, on these facts, justify denial of exemption under section 11 or related claims for application and accumulation of income. The Tribunal held that, where the audit report was uploaded during pendency of the appeal before the first appellate authority, the filing requirement was directory in this context and the benefit could not be refused solely because the form was not uploaded by the return due date. It preferred the later equitable High Court view and distinguished the Revenue's relied-upon decision, with the result that the assessee succeeded. en-us Tue, 26 May 2026 00:00:00 +0530 Tue, 16 Jun 2026 16:01:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793482 Delayed electronic filing of Form 10B did not, on these facts, justify denial of exemption under section 11 or related claims for application and accumulation of income. The Tribunal held that, where the audit report was uploaded during pendency of the appeal before the first appellate authority, the filing requirement was directory in this context and the benefit could not be refused solely because the form was not uploaded by the return due date. It preferred the later equitable High Court view and distinguished the Revenue's relied-upon decision, with the result that the assessee succeeded. Case-Laws Income Tax Tue, 26 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793482