Delay of 29 days in filing Form No. 10B condoned as denial of exemption u/s. 11 will cause genuine hardship

St. Thomas High School Vs CIT (Exemption) (Bombay High Court)

Bombay High Court held that denial of exemption under section 11 of the Income Tax Act for delay of mere 29 days in filing of Form No. 10B is not justifiable since denial of exemption is likely to cause genuine hardship to the Charitable Trust. Accordingly, impugned order quashed and delay condoned.

Facts- The Petitioner is a Charitable Trust established for education purpose and is registered as a Public Charitable Trust under the provisions of the Maharashtra Public Trust Act, 1950. The present

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