https://www.taxtmi.com/caselaws?id=472302 Charitable exemption may not be denied in return processing solely because Form No. 10B was filed after the prescribed date where the audit report was available before the intimation. The filing deadline for the audit report is treated as procedural and directory in those circumstances, with timely availability before processing constituting substantial compliance. The condonation route for delayed filing operates as an additional remedy and does not exclude appellate review of an adjustment to the exemption claim. Consequently, refusal to condone delay need not prevent appellate consideration or acceptance of the exemption claim. en-us Tue, 05 Aug 2025 00:00:00 +0530 Wed, 07 Oct 2026 13:42:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472302 Charitable exemption may not be denied in return processing solely because Form No. 10B was filed after the prescribed date where the audit report was available before the intimation. The filing deadline for the audit report is treated as procedural and directory in those circumstances, with timely availability before processing constituting substantial compliance. The condonation route for delayed filing operates as an additional remedy and does not exclude appellate review of an adjustment to the exemption claim. Consequently, refusal to condone delay need not prevent appellate consideration or acceptance of the exemption claim. Case-Laws Income Tax Tue, 05 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472302