Gross Receipts of Charitable Trust Cannot be Taxed Merely Due to ITR Filing Errors

Sarvoday Pratishthan Vs ITO (Exemption) (ITAT Pune) Section 12AA Registration Shields Trust – Gross Receipts of Charitable Trust Cannot be Taxed Merely Due to ITR Filing Errors – Charitable Activities Prevail Over Technical Lapses – Pune ITAT Remands Case for Fresh Verification Assessee, a public charitable trust formed in 1993, engaged in education & health activities for the needy, filed its return for AY 2017-18 on 20.12.2017 declaring NIL income, showing gross receipts of ₹1,78,10,242/- & Application of Income (Expenses) of ₹1,89,76,471/-, resulting in deficit. Ho...