Case Law Analysis
|Income Tax Appellate Tribunal
Section 11 IT Act | Late Filing of Form 10B Condonable if Submitted During Appeal : ITAT Delhi
ITAT Delhi rules that charitable trusts remain eligible for Section 11 exemption despite delayed Form 10B filing, provided the audit report is submitted during appellate proceedings. The decision prioritizes substantive compliance over procedural delays, offering relief to trusts facing similar technical defaults.