Bombay HC Condones 1,257-Day Delay in Form 10B Due to Bona Fide Professional Lapse

Al Jamia Mohammediyah Education Society Vs CIT (Exemptions) (Bombay High Court)

The Bombay High Court addressed a petition filed by Al Jamia Mohammediyah Education Society, a charitable trust, challenging the rejection of its application for condonation of delay in filing Form No. 10B for Assessment Year (AY) 2016-17. The petitioner had filed its return of income on 6 September 2016, declaring a nil income and claiming a refund of Rs. 70,710. The petitioner’s accounts were audited, and the audit report was submitted; however, Form 10B, required for claiming exemption under Sectio

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