ITAT Deletes Addition as Income Was Disclosed Despite Wrong Schedule Entry

Rinchen Zangpo Endowment Society Vs ITO (ITAT Delhi) In the case of Rinchen Zangpo Endowment Society Vs ITO, the appeal arose from an order passed by the Commissioner of Income Tax (Appeals) [CIT(A)] dated 15.01.2026 for Assessment Year 2021–22. The assessee, a registered charitable society, had filed its return of income declaring NIL income after claiming exemption under Sections 11 and 12 of the Income Tax Act, 1961. During the relevant year, the assessee received foreign contributions amounting to ₹10,30,324, which were duly recorded in its books of account and also reflected in the re...