2026 (7) TMI 37

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....tary of the trust has filed an application seeking condonation of the delay by way of an affidavit stating that his father was undergoing treatment for Cancer during the period March 25 to April 25, and because of this medical emergency, the appeal against the order passed by the Ld. CIT(A) on 13th February 2025 could not be filed on or before 30th of April, 2025, and was filed with a delay of 84 days on the 23rd of July, 2025,since the Secretary was required to attend to his father on frequently travel between Tonk and Jaipur, and therefore, could not devote adequate attention to the trust-related compliance work. 3. Considering the averments of the assessee as above, stated on oath before me, I find that there was sufficient cause for ....

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....T further erred in law as well as on the facts of the case in charging interest u/s 234A, 234B, 234C & 234F of the Act. The appellant totally denies its liability of charging and withdrawal of any such interest. The interest so charged/withdrawn, being contrary to the provisions of law and facts, kindly be deleted in full. 5. Ld. Counsel for the assessee pointed out that the solitary issue in the present appeal pertained to denial of grant of exemption claimed by the assessee of its income u/s 11 of the Act in the intimation made u/s 143(1) of the Act solely on account of the delay in filing requisite From 10B. 6. Ld. Counsel for the assessee pointed out that the requisite form was filed by the assessee belatedly on 07.10.2022 while t....

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....ith the ITAT Jaipur vide its order dated 24.12.2025 in the case of Kinkini Vs. Income Tax Officer in ITA No.1185/JPR/2025 ruling in favour of the assessee, holding that as long as audit report in Form 10BB was duly filed and available on the record prior to the issuance of intimation u/s 143(1)(a) of the Act, the denial of exemption u/s 11 of the Act was not justified. 10. He also pointed out that the Hon'ble Jurisdictional High Court in the case of Khandelwal Vaishya Samaj Charitable Trust Vs. Commissioner of Income Tax (Exemptions) Civil Writ Petition No.5829/2020 dated 03.09.2025 had also laid down this proposition of law. 11. Ld. DR though heavily relied on the order of Ld. CIT(A), was unable to either point out any discrepancy in....