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Income Tax - Highlights / Catch Notes

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Exemption u/s. 11 - claim denied as delay in filing audit report ...

Income Tax

October 31, 2022

Exemption u/s. 11 - claim denied as delay in filing audit report in Form 10B - the clarification in condoning the delay in filing Form 10B for A.Y. 2016-17 is binding on the CPC, but however, was ignored to consider the same. Therefore, the delay in filing audit report in Form 10B is condoned in terms of CBDT Circular

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