ITAT Pune Allowed Exemption Despite Delay in Form 10/10B Filing  

Prof. J.P. Trivedi Memorial Trust Vs ITO (ITAT Pune) The case concerns two appeals filed by the assessee, a charitable trust, against separate orders dated 13.08.2025 passed by the Commissioner of Income Tax (Appeals)/NFAC for Assessment Years (AYs) 2017–18 and 2018–19. Since identical issues were involved, both appeals were heard together and decided through a common order. For AY 2017–18, the assessee, a trust registered under the Bombay Public Trust Act, 1950 and holding registration under sections 12A(a) and 80G(5)(vi) of the Income Tax Act, filed its return declaring nil income. It ...