SC Upholds Delay Condonation in Form 10B Filing as Audit Report Was Already Submitted

CIT (Exemptions) Vs Manav Vikas Bahuuddeshiya Gramin Seva Sanstha (Supreme Court of India) In CIT (Exemptions) Vs Manav Vikas Bahuuddeshiya Gramin Seva Sanstha read with Manav Vikas Bahuuddeshiya Gramin Seva Sanstha Vs CIT (Exemptions), the Supreme Court dismissed the Special Leave Petition filed against the Bombay High Court order which had condoned a delay of 687 days in filing audit report in Form 10B for accounting years 2016-17. The Supreme Court, while condoning delay in filing the petition, stated that it was not inclined to interfere with the impugned order in exercise of powers under...