Sec. 11 exemption couldn’t be denied merely because audit report was filed belatedly: Guj. HC

INCOME TAX : Assessee, a public charitable trust for past 30 years, who substantially satisfied condition for availing benefit of exemption as a trust could not be denied exemption merely on bar of limitation in furnishing audit report in Form no. 10

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000198184/sec-11-exemption-couldn’t-be-denied-merely-because-audit-report-was-filed-belatedly-guj-hc.aspx