Religious Trust Eligible for Sec 11 & 12 Benefits if Registration Granted During Pending Assessment

Sankaramkulangara Devaswom Vs ITO (ITAT Cochin)

ITAT Cochin restores Religious Trusts’ claim for section 11 & 12 exemption – Benefit of proviso to Section 12A(2) available when registration granted during pending assessment

Cochin ITAT) in set aside the order of NFAC & restored the matter to AO for fresh adjudication of the assessee’s claim for exemption u/s 11 & 12.

Assessee,  a religious trust in Thrissur, challenged the NFAC’s order   confirming the assessment u/s 143(3) for AY 2013-14.  Assessee pointed out a procedural lapse-although the h

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