Form-10B Delay Due to Pandemic Gets Fresh Hearing by ITAT

FRP Institute Vs ITO (ITAT Chennai) Delay in Form-10B Not Fatal: ITAT Revives Appeal and Directs Fresh Consideration in Light of CBDT Circular The Chennai Bench of the ITAT, in FRP Institute v. ITO (AY 2019-20), addressed denial of section 11 exemption solely on account of delayed filing of audit report in Form-10B and the ex-parte dismissal of appeal by the First Appellate Authority (FAA). The assessee-trust, registered under section 12A, had filed its return claiming exemption under section 11 but failed to upload Form-10B within the due date, owing to inadvertent oversight and pandemic-rela...