Section 11 Exemption Allowed Despite Audit Report Delay Within Extended Due Date

Pavai Varam Educational Trust Vs Central Public Information officer & ITO (Madras High Court) Madras High Court has set aside the tax assessment order against Pavai Varam Educational Trust for the assessment year 2020-21, citing that the petitioner had filed its tax returns and audit report within the extended deadlines allowed due to the COVID-19 pandemic. The petitioner argued that while the original deadline for filing the income tax return was October 31, 2020, and for the audit report was September 30, 2020, these were extended under the Taxation and Other Laws (Relaxation and Amendme...