Adjustment u/s 143(1)(a) by disallowing exemption u/s 11 without prior intimation is unjustified

ITO Vs Camellia Educare Trust (ITAT Kolkata) ITAT Kolkata held that in respect of any adjustment proposed to be made u/s 143(1)(a), a prior intimation is required to be served on the assesse. Failure to issue such prior intimation to the assessee before making an adjustment by way of disallowing the claim of exemption u/s. 11 of the Act is unjustified. Facts- The assessee is a Trust registered u/s. 12AA of the Act. Assessee filed its return of income in Form ITR 7 u/s. 139(4A) of the Act on 31.03.2021 reporting total income at Rs. Nil. Assessee also filed Form 10B on 30.03.2021. The extended d...