S.B. BHATTACHARJEE MEMORIAL TRUST FOR CHILDREN EDUCATION ,DIGBOI vs. ACIT, CIRCLE-1, DIBRUGARH, DIBRUGARH

In the result, the appeal of the assessee is allowed

Bench: Shri Manomohan Das & Shri Rakesh Mishra

3. Brief facts of the case are that are that the assessee trust had filed its return of income for the Assessment Year 2022-23 on 07/11/2022, declaring therein total income of Rs. Nil which was processed u/s 143(1) of the Act by the CPC at the total income of Rs. 87,13,857/- after disallowing the exemption claimed

ITO(EXEMPTION), WARD-2(4), SHILLONG, SHILLONG vs. NORTH EAST SOCIETY OF SISTERS OF THE HOLY CROSS, MEGHALAYA