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Income Tax - Highlights / Catch Notes

Home Highlights May 2023 Year 2023 This

Exemption u/s 11/12 - audit-report (Form No. 10B) was filed ...


Assessee Granted Exemption u/ss 11 and 12 Despite Late Filing of Audit Report (Form No. 10B.

May 8, 2023

Case Laws     Income Tax     AT

Exemption u/s 11/12 - audit-report (Form No. 10B) was filed belatedly after processing of return u/s 143(1) - the assessee can’t be denied the benefit of exemption u/s 11 as claimed in the return of income for mere delay in filing of audit-report. - AT

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