https://www.taxtmi.com/caselaws?id=793786 Exemption under section 11 should not be denied in processing under section 143(1) merely because Form 10B was filed after the return, where the audit report was on record before the intimation was issued. The CPC had the report at the time of processing, so no prejudice was shown to the Revenue and denial solely for belated filing was unjustified. The intimation was therefore required to be amended by taking Form 10B into account. en-us Wed, 29 Apr 2026 00:00:00 +0530 Wed, 24 Jun 2026 07:08:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793786 Exemption under section 11 should not be denied in processing under section 143(1) merely because Form 10B was filed after the return, where the audit report was on record before the intimation was issued. The CPC had the report at the time of processing, so no prejudice was shown to the Revenue and denial solely for belated filing was unjustified. The intimation was therefore required to be amended by taking Form 10B into account. Case-Laws Income Tax Wed, 29 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793786