Ancient Temple Exempt from Tax Despite Delay in Registration & Return Filing

ITO Vs Arulmigu Madhurakaliamman Temple (ITAT Chennai) Ancient Temple Not Taxed on Technicalities- Delay in Registration & Return Filing No Bar- ITAT Chennai Upholds Exemption u/s 11 Chennai ITAT dismissed Revenue’s appeal & upheld the order of CIT(A) granting benefit of exemption u/s 11 to the Assessee-temple, despite delay in obtaining registration u/s 12AA & non-filing of the return in time. The Assessee, a temple carrying on religious activities for over 1000 years, had not filed its return for AY 2017-18. During demonetisation, it deposited cash of ₹45.70 lakh. The AO comp...