Benefit of exemption u/s 11 not deniable for delay in furnishing of Form No. 10B

ITO Vs Laxmanarayan Dev Shrishan Seva Khendra ITAT Ahmedabad held that benefit of exemption under section 11 of the Income Tax Act cannot be denied merely on account of delay in furnishing of audit report in Form No. 10B. Facts- The assessee is a Public Charitable Trust engaged in various educational activities and running of Schools and Yogashram. The assessee trust is registered as a charitable organization u/s. 12AA of the Act with effect from 01.04.2004 and also approved for the purpose of Section 80G. The assessee filed its ROI for A.Y. 2017-18 declaring NIL income. However the assessee n...