No denial of Section 11/12 exemption for technical lapses in choice of audit form 

ITO (Exemption Ward) Vs Savitribai Phule Shikshan Prasarak Mandale (ITAT Pune) In ITO vs Savitribai Phule, the ITAT Pune addressed the Revenue’s appeal against the order allowing exemption under Sections 11 and 12 of the Income Tax Act to a registered charitable trust running educational institutions. The trust had filed a revised return for AY 2019–20 claiming exemption, which was initially rejected by the Centralized Processing Centre (CPC) on the ground that the audit report was submitted in Form 10B instead of Form 10BB, as prescribed for entities registered under Section 10(23C). A re...