Failure to Furnish Details Not Final: ITAT Grants Fresh Opportunity

Surabi Educational and Charitable Trust Vs CIT (Exemptions) (ITAT Chennai) One More Chance for Charitable Trust: ITAT Remands Quantum Issues, Penalties Fall as Consequential The Chennai Bench of the ITAT, in Surabi Educational and Charitable Trust v. ACIT (Exemptions) (AYs 2018-19 & 2020-21), dealt with substantial disallowances of expenditure and multiple penalty orders, all arising due to non-compliance and non-representation before lower authorities. For AY 2018-19, the AO disallowed employee contribution to PF and entire charitable expenditure of ₹5.90 crore, solely because the asses...