Charitable Trust Exemption Restored as Delay in Form 10B Filing Alone cannot Defeat Claim

Navbharat Charitable Trust Vs ITO (ITAT Surat) The appeals before the Income Tax Appellate Tribunal (ITAT), Surat, involved a public charitable trust engaged in imparting education and registered under the Public Trust Act, Mumbai. The trust also held registration under Section 12A and recognition under Section 80G of the Income Tax Act. Three appeals relating to Assessment Years 2017-18, 2018-19, and 2019-20 were heard together as they involved common issues concerning denial of exemption under Sections 11 and 12 of the Act. For Assessment Year 2017-18, the trust filed its return declaring in...