The Assessee filed Form 10B electronically in accordance with requirements of section 12A(1)(b) of the Act. The Assessee also filed an application under section 119(2)(b) for condonation of delay in filing Form 10B. It was noted that inadvertent oversight had occurred in not filing Form 10B due to impending due dates and overwhelming workload of CA. Accordingly, following same, Hon’ble High Court held that impugned order passed rejecting assessee’s application for condonation of delay in filing Form No. 10B is only procedural and exemption under section 11 cannot be denied merely for delayed filing of such form.