Exemption u/s 11 duly denied for non-submission/ late submission of Form No. 10B

Gooru India Foundation for Learning Innovation Vs DCIT (ITAT Pune) ITAT Pune held that claim for exemption of income under section 11 of the Income Tax Act deniable as Form No. 10B was not submitted along with the return of income nor it was submitted before processing of return of income. Facts- The appellant company is a non-profit organisation. The appellant was registered u/s 12A of the Income Tax Act, 1961. Return of Income for A.Y. 2017-18 was filed on 29.11.2017 declaring Rs.Nil income. The return of income was taken up for processing u/s 143(1) on 19.11.2018, wherein, the appellant was...