In the result, the appeal filed by the assessee in ITA
Bench: Shri N.V. Vasudevan & Shri D.S. Sunder Singh
Charitable and Chaleswar Temple Trust vs. CIT (supra), wherein the Hon’ble High Court of Bombay held that sub section (1) & (4) of section 139 of the Act have to be read together and on such reading the inevitable conclusion is that the return made within the time specified in sub section (4) of the Act has to be considered