ITAT Allows Exemption u/s 11 to Temple, Holds 28-Day Delay in Filing Form 10BB Not Fatal

The ITAT (Income Tax Appellate Tribunal) has allowed exemption under Section 10(23C) to a temple, holding that a "67-day delay in filing Form 10BB is not fatal." Section 10(23C) provides exemption to certain educational institutions and hospitals. The tribunal recognized that a minor, justifiable delay in filing the procedural form should not automatically lead to the denial of a substantial exemption, especially for charitable or religious entities. This decision provides relief to such organizations, prioritizing the spirit of the law over minor procedural lapses.