https://www.taxtmi.com/highlights?id=102583 Furnishing Form No. 10B for a charitable trust is procedural and directory; a one-day delay cannot by itself defeat exemption under section 11 when substantive statutory conditions are met. ITAT treated denial of the exemption solely on account of the delayed audit report as unsustainable and directed that the claimed exemption be granted, subject to fulfilment of the remaining substantive conditions. The appeal was allowed. en-us Tue, 11 Aug 2026 09:36:59 +0530 Tue, 11 Aug 2026 09:36:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=102583 Furnishing Form No. 10B for a charitable trust is procedural and directory; a one-day delay cannot by itself defeat exemption under section 11 when substantive statutory conditions are met. ITAT treated denial of the exemption solely on account of the delayed audit report as unsustainable and directed that the claimed exemption be granted, subject to fulfilment of the remaining substantive conditions. The appeal was allowed. Highlights Income Tax Tue, 11 Aug 2026 09:36:59 +0530 https://www.taxtmi.com/highlights?id=102583