Pune ITAT Allows Charitable Exemption Despite Delayed filing of Form 10B 

Masoomeen Education Society Vs CIT (ITAT Pune) ITAT Pune Condoned Delay, Ruled Late Audit Report Filing Not Fatal to Charitable Trust Exemption The ITAT Pune, in the appeal filed by Masoomeen Education Society Vs CIT, addressed two primary issues: the condonation of a significant delay in filing the appeal and the disallowance of the application of income for charitable purposes due to the late submission of the audit report in Form 10B. Condonation of Appeal Delay The appeal itself was filed with a delay of 323 days. The assessee attributed this delay to the non-communication of the impugned ...