The assessee-trust was denied exemption under section 11 due to a delay in furnishing audit report in Form 10B along with return. CIT(A) affirmed the order of the AO.  On appeal the Tribunal held that  from March, 2020 to March, 2022, country was passing through Covid Pandemic which restricted normal activities and it was also an accepted fact that many changes had been brought into Act regarding procedure of filing of income-tax return as well as audit reports and certain technical glitches had been faced time and again.  Considering those aspects, CBDT authorized condonation of delays up to 365 days for assessment year 2018-19 onwards and by Circular No. 16/2022 dated 19-07-2022 extended that to delays up to three years.  Since delay  was merely of 28 days, the delay is condoned and exemption under Section 11 allowed.   (AY. 2020-21)