Section 11 Exemption allowed as Form 10B was available with AO before assessment

Association of Indian Panelboard Manufacturers Vs DCIT (Gujarat High Court)

The Gujarat High Court allowed a tax appeal filed by a charitable trust challenging the dismissal of its exemption claims under Sections 11(1) and 11(2) of the Income-tax Act, 1961, for Assessment Year 2018–19. The appeal arose from an order of the Income Tax Appellate Tribunal which had upheld denial of exemptions solely on the ground that the audit report in Form 10B was not filed along with the return of income.

The assessee, a trust registered under Section 12AA, filed its retu

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