ITAT Upholds Section 11 Rights Despite Belated Form 10B Correction

Dandeshwar Shankar Mandir Trust Vs Central Processing Centre (ITAT Mumbai) Clerical Error in Timely 10B Cannot Kill 11 Exemption-  Original 10B Filed Before Due Date; Revised Only Corrected a Mistake — Exemption Restored Assessee, a religious/charitable trust registered u/s 12A, filed its return u/s 139(1) on 28.08.2017 declaring gross receipts of ₹31,79,940, application of income of ₹15,45,540 & accumulation of ₹2,42,865. CPC, while processing the return u/s 143(1), denied exemption u/s 11(1)(a) of ₹17,88,405 on the ground that Form 10B was not filed within the due date. Before...