There was a delay of eight days in submitting the audit report in Form 10B prescribed under Rule 17B of the Income-tax Rules, 1961. CIT(E) rejected the application for condonation of delay. On writ, the Court condoned the delay, and the matter was remitted to the authority concerned to consider the audit report in Form 10B furnished under Rule 17B to claim exemption under section 12A. The Commissioner (Exemptions) was directed to grant all consequential reliefs to the assessee by taking into account the audit report in Form 10B pertaining to the assessment year 2021-2022, as if it were filed within the period specified, invoking section 119(2)(b). (AY. 2021-22)