https://www.taxtmi.com/caselaws?id=470595 Delayed electronic filing of Form 10B does not by itself disentitle a charitable trust to exemption under section 11 where the audit report was obtained and digitally signed before the prescribed return-filing date, uploaded before the extended due date and before return processing, and the delay arose from a bona fide belief that it had already been uploaded. The filing requirement is described as directory, allowing verification of the audit report and consideration of the substantive exemption claim. Exemption may be allowed if the claim is otherwise admissible, rather than being denied solely for the procedural lapse. en-us Wed, 04 Sep 2024 00:00:00 +0530 Fri, 31 Jul 2026 19:03:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470595 Delayed electronic filing of Form 10B does not by itself disentitle a charitable trust to exemption under section 11 where the audit report was obtained and digitally signed before the prescribed return-filing date, uploaded before the extended due date and before return processing, and the delay arose from a bona fide belief that it had already been uploaded. The filing requirement is described as directory, allowing verification of the audit report and consideration of the substantive exemption claim. Exemption may be allowed if the claim is otherwise admissible, rather than being denied solely for the procedural lapse. Case-Laws Income Tax Wed, 04 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470595