ITAT allows Deduction Claim of ASAN Memorial Association Despite Filing Error

ASAN Memorial Association Vs DCIT (ITAT Chennai)

In the case of ASAN Memorial Association Vs DCIT (ITAT Chennai), the Income Tax Appellate Tribunal (ITAT) granted relief to the assessee, a trust, for its claim under Section 11 of the Income Tax Act. The issue arose from the assessee’s filing of the Income Tax Return for the Assessment Years (AY) 2016-17 and 2017-18, where it incorrectly reported the statutory deduction claim in the wrong column of the return. The assessee had declared the accumulated income of ₹5,30,42,826 (15% of income derived) in the wrong section (

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