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Facts
The assessee, a charitable trust registered under Section 12A and 80G, timely filed its income tax return for AY 2020-21, claiming nil income due to charitable application. The CPC denied the exemption under Section 11 and assessed a gross income of Rs.53,49,142/-, citing delayed filing of Form 10B. The assessee subsequently filed Form 10B on 26.12.2022, but the CIT(A) upheld the denial of exemption.
Held
The tribunal held that the filing of Form 10B is a procedural requirement, and its belated filing should not be grounds for denying exemption under Section 11. Relying on various High Court and Supreme Court precedents, including the dismissal of an SLP in the Anjana Foundation case, the tribunal concluded that the assessee is entitled to the exemption.
Key Issues
Whether the exemption under Section 11 of the Income Tax Act can be denied to a charitable trust solely due to the delayed filing of Form 10B, a procedural requirement.
Sections Cited
Section 250, Section 11, Section 12, Section 12A, Section 80G, Section 139(1), Section 143(1), Section 44AB, Rule 17B, Rule 12(2), Section 119(2)(b)
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Income Tax Appellate Tribunal, “A” BENCH, AHMEDABAD
Before: SHRI SANJAY GARG & SMT. ANNAPURNA GUPTA
आदेश की �ितिलिप अ�ेिषत/Copy of the Order forwarded to : अपीलाथ� / The Appellant 1. 2. ��थ� / The Respondent. संबंिधत आयकर आयु� / Concerned CIT 3. 4. आयकर आयु�(अपील) / The CIT(A)- 5. िवभागीय �ितिनिध, आयकर अपीलीय अिधकरण, अहमदाबाद / DR, ITAT, Ahmedabad 6. गाड� फाईल / Guard file. आदेशानुसार/ BY ORDER,
उप/सहायक पंजीकार (Dy./Asstt. Registrar) आयकर अपीलीय अिधकरण, अहमदाबाद / ITAT, Ahmedabad 1.Date of dictation on 10.02.2026 2.Date on which the typed draft is placed before the Dictating Member 10.02.2026 3.Date on which the approved draft comes to the Sr.P.S./P.S. 4.Date on which the fair order is placed before the Dictating Member for Pronouncement 5.Date on which the fair order comes back to the Sr.P.S./P.S 23.02.2026 6.Date on which the file goes to the Bench Clerk 23.02.2026 7.Date on which the file goes to the Head Clerk…………. 8.The date on which the file goes to the Asstt. Registrar for signature on the order…………………… 9.Date of Dispatch of the Order………Date on which the typed draft is placed before the Dictating Member 19.12.2019Other Member…………………Date on which the approved draft comes to Date on which the approved draft comes to