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Clerical Error in ITR Cannot Deny Sec 10(23C)(iiiad) Exemption to Educational Society: ITAT Delhi
Case Law Details
- Case Name
- M D Education Society Vs DCIT (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2014-15
- Courts
- All ITAT, ITAT Delhi
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M D Education Society Vs DCIT (ITAT Delhi)
In M.D. Education Society vs DCIT, the ITAT Delhi allowed the assessee’s appeal holding that exemption u/s 10(23C)(iiiad) cannot be denied merely due to an inadvertent mistake in the return of income. The CPC had denied exemption and treated receipts of ₹49.95 lakh as taxable because the assessee mistakenly selected “No” against the column relating to educational institution eligibility in the ITR.
The Tribunal observed that the society was actually running a CBSE-affiliated school and its receipts were below ₹1 crore, satis...
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