In the result, the appeal of the assessee is allowed for statistical purposes
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
374/- and the balance amount of Rs.34,766/- is claimed u/s 11(1)(a) of the Act which is not exceeding 15% of the income. So, the entire amount of surplus was claimed as exempt income. During the financial year, the assessee was not registered u/s 12A. The Assessing Officer treated the assessee as an AOP, took the surplus