The Calcutta High Court ruled that filing an audit report incorrectly in Form 10BB instead of Form 10B is a procedural error that should not negate substantive exemption rights under Section 12A. The authority must decide on the condonation application expediently.
Section 12A Exemption Cannot Be Denied Due to Wrong Audit Form Filing: Calcutta HC
The Calcutta High Court ruled that filing an audit report incorrectly in Form 10BB instead of Form 10B is a procedural error that should not negate substantive exemption rights under Section 12A. The authority must decide on the condonation application expediently.
Citations
- Calcutta High Court (2026)
Source:taxguru.in