9911796707
TMI Blog2024 (7) TMI 142X X X X Extracts X X X X X X X X Extracts X X X X ..... f income on 23/11/2022 claiming exemption u/s 11 for the amount applied for charitable purpose during the year. In the return processed u/s 143(1)(a) of the Act, exemption u/s 11 of the Act was denied on the ground that audit report on Form No. 10AB is filed belatedly. Assessee challenged the adjustment made by the CPC in its order u/s 143(1)(a) of the Act before the CIT(A) but failed to get relie ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... doned assessee is entitled to the benefit of deduction u/s 11 of the Act as claimed in the Income Tax return filed for A.Y. 2022-23. Accordingly, the sole ground raised by the assessee is allowed. - Shri Rajpal Yadav, Hon ble Vice President And Dr. Manish Borad, Hon ble Accountant Member For the Assessee : Shri Arnab Chakraborty, C.A. For the Revenue : Shri Abhijit Kundu, CIT, D/R ORDER PER DR. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... emption) for condonation of delay in filing audit report. Vide order dt. 30/04/2024, the delay of 132 days in filing audit report in Form 10B for Assessment Year 2022-23 has been condoned. Prayer was thus made that since the delay in filing the audit report has been condoned, there being no adverse observation of the lower authorities about the correctness of the claim made u/s 11 of the Act, the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... udit report on Form No. 10AB is filed belatedly. Further, ld. Counsel for the assessee challenged the adjustment made by the CPC in its order u/s 143(1)(a) of the Act before the ld. CIT(A) but failed to get relief since the audit report in Form 10B was not e-filed within due date. However, subsequent to the passing of the impugned order on 18/01/2024, assessee s application for condonation of dela ..... X X X X Extracts X X X X X X X X Extracts X X X X
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