https://www.taxtmi.com/caselaws?id=795272 Exemption under section 10(23C)(vi) cannot be denied solely because Form No. 10BB was allegedly furnished 28 days late where, for the relevant assessment year, institutions under section 139(4C) had no specific statutory return-filing due date. Later amendments prescribing a due date could not retrospectively create that obligation. As the audit report was available before return processing under section 143(1), the minor Covid-period delay caused no prejudice to the Revenue. The furnishing requirement was procedural and did not defeat the substantive exemption claim. en-us Wed, 15 Jul 2026 00:00:00 +0530 Mon, 20 Jul 2026 09:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795272 Exemption under section 10(23C)(vi) cannot be denied solely because Form No. 10BB was allegedly furnished 28 days late where, for the relevant assessment year, institutions under section 139(4C) had no specific statutory return-filing due date. Later amendments prescribing a due date could not retrospectively create that obligation. As the audit report was available before return processing under section 143(1), the minor Covid-period delay caused no prejudice to the Revenue. The furnishing requirement was procedural and did not defeat the substantive exemption claim. Case-Laws Income Tax Wed, 15 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795272