ITAT Grants Section 11 Benefit as Form No. 10 Audit Report filed during Assessment

Shree Swami Samarth Seva Kendra Vs ITO (ITAT Mumbai) Introduction: The case of Shree Swami Samarth Seva Kendra vs ITO, adjudicated by ITAT Mumbai, revolves around the denial of Section 11(2) benefits due to the alleged non-compliance with Form 10. The appellant challenges the exparte dismissal of the appeal by the CIT(A) and seeks justice based on principles of equity and natural justice. Detailed Analysis: The assessee, a trust registered under section 12A, faced scrutiny as the AO disallowed the claimed exemption under Section 11(2) of the Income Tax Act. The crux of the matter lies in the u...