https://www.taxtmi.com/caselaws?id=470597 Exemption for an eligible trust cannot be denied solely because Form 10B was electronically filed after the prescribed date where the audit report was available before return processing or assessment. The audit-report requirement is substantive, but the timing and mode of electronic filing are procedural. Form 10B filed before processing under section 143(1) must be verified, and the exemption claim should be allowed if the trust otherwise satisfies the applicable conditions. en-us Mon, 24 Mar 2025 00:00:00 +0530 Fri, 31 Jul 2026 19:03:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470597 Exemption for an eligible trust cannot be denied solely because Form 10B was electronically filed after the prescribed date where the audit report was available before return processing or assessment. The audit-report requirement is substantive, but the timing and mode of electronic filing are procedural. Form 10B filed before processing under section 143(1) must be verified, and the exemption claim should be allowed if the trust otherwise satisfies the applicable conditions. Case-Laws Income Tax Mon, 24 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470597