The Tribunal held that furnishing of an audit report in Form 10B was a procedural provision, admitted the audit report in Form 10B and allowed the assessee the benefit of section 11 of the Act; on appeal by the Department, dismissing the appeal, as, considering the reasons assigned by the Tribunal, relying upon the decision of the court, no question of law arises. (AY.2021-22)
CIT (E) v. Anjana Foundation (2026) 485 ITR 5 (Guj)(HC) Editorial: SLP of revenue dismissed, CIT v. Anjana Foundation (2026) 485 ITR 10 (SC)
S. 11: Property held for charitable purposes-Audit report not filed along with return-Furnishing of audit report in Form 10B is a procedural provision-Order of the Tribunal allowing the exemption affirmed. [S. 12, 143(1), 260A, Form No 10B.]
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