Held that requirement of filing audit report along with return of income is only a procedural requirement and, therefore, exemption would not be denied when said audit report was available with Assessing Officer before completion of assessment even if said audit report was filed belatedly by assessee. (AY. 2017-18, 2018-19)
ACIT v. Karnataka Institute of Diabetology. (2025) 211 ITD 210 (Bang) (Trib.)
S. 11 : Property held for charitable purposes-Form No 10-Audit report filed belatedly-Procedural requirement-Entitle to exemption. [Form No 10.]
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