Assessee-society engaged in welfare activities filed its return of income claiming exemption under section 11. However, due to an inadvertent error on the part of the auditor\/tax professional, the audit report could not be uploaded along with the return and, accordingly, the assessee filed the audit report in Form No. 10B belatedly. Assessing Officer denied exemption under section 11 while processing the return under section 143(1). Commissioner rejected assessee\u2019s application for condonation of delay, relying on Ranka v. Rewa Coalfields Ltd., AIR 1962 SC 361. On writ, the Court held that since law is well-settled that inadvertent mistake of the auditor should not prejudice assessee and in the instant case delay was bona fide as assessee could not upload audit report along with the return due to such inadvertent mistake, the order rejecting condonation of delay was set aside. (AY. 2018-19)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 119: Central Board of Direct Taxes-Circular-Property held for charitable purposes-Delay of 16 days in uploading the Form No 10B-Mistake of the auditor-Order rejecting the application was set aside. [S.11, 12,12A, 119(2)(b),143(1), 154, Form No 10B, Art. 226 ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-60576","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fL2","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=60576"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60576\/revisions"}],"predecessor-version":[{"id":60577,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60576\/revisions\/60577"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=60576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=60576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=60576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}