ITAT condones delay in filing Form-10B as it was a procedural lapse rather than a substantial one

Daroga Family Foundation Vs CIT (Exemption) (ITAT Kolkata) In the case of Daroga Family Foundation vs. CIT (Exemption), the ITAT Kolkata addressed an appeal related to the assessment year 2021-22. The appeal challenged an order under Section 119(2)(b) of the Income Tax Act, 1961, issued by the Commissioner of Income Tax (Exemption), Kolkata, on 27.07.2023. The dispute centered around the rejection of the appellant’s application for condonation of delay in filing Form-10B, which is crucial for claiming exemption under the Act. The appellant, a charitable trust, initially filed its return ...