https://www.taxtmi.com/caselaws?id=470873 Delayed digital filing of Form 10B was treated as directory rather than mandatory where the form was available to the CPC during processing under Section 143(1), the returned income was accepted, and exemption under Section 11 was granted. No prejudice to the Department arose from the delay. Suo motu rectification under Section 154 to withdraw the exemption, without an opportunity of hearing, was considered contrary to natural justice and beyond the limited scope of rectification. The rectification denying exemption was invalid, and the original intimation granting exemption was restored. en-us Thu, 27 Mar 2025 00:00:00 +0530 Tue, 11 Aug 2026 20:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470873 Delayed digital filing of Form 10B was treated as directory rather than mandatory where the form was available to the CPC during processing under Section 143(1), the returned income was accepted, and exemption under Section 11 was granted. No prejudice to the Department arose from the delay. Suo motu rectification under Section 154 to withdraw the exemption, without an opportunity of hearing, was considered contrary to natural justice and beyond the limited scope of rectification. The rectification denying exemption was invalid, and the original intimation granting exemption was restored. Case-Laws Income Tax Thu, 27 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470873