Delay in Form 10 Filing Cannot Deny Section 11 Exemption: Madras HC

Sindhi Educational Society Vs PCIT (Madras High Court) Madras High Court: Delay in Filing Form 10 Must Be Condoned—Substantive Section 11 Exemption Cannot Be Denied for Technical Lapse The Madras High Court allowed the writ petition filed by M/s. Sindhi Educational Society (Madras) and set aside the order of the Principal Commissioner rejecting condonation of delay in filing Form 10 under section 119(2)(b) for AY 2015–16. The petitioner-trust, registered under section 12AA, had filed its return of income and audit report in Form 10B within the due date, but filed Form 10 belatedly with a d...