Denial of exemption u/s 11 justified as audit report in Form 10B filed beyond specified date

Jain Shwetamber Murtipujak Sangh Vs ITO (Exemption) (ITAT Raipur)

ITAT Raipur held that exemption under section 11 of the Income Tax Act duly denied to trust as audit report in Form 10B e-filed/ uploaded beyond the date specified u/s 139 of the Income Tax Act.

Facts- The assessee trust is a religious-cum-charitable trust registered u/s.12AA(1)(b)(i) of the Act with the CIT(Exemption), Bhopal.

The assessee trust had e-filed its return of

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