Rejection of Exemption U/S 11 Unjustified as Form 10B Filed but Not Visible on E-Filing Portal

Arya Vysya Sangha Vs ITO (ITAT Bangalore) ITAT Bangalore held that rejection of exemption u/s. 11 of the Income Tax Act due to non-appearance of form 10B in e-filing portal unjustified as form was already filed but was not appearing in e-filing portal. Matter remanded for fresh consideration. Facts- The assessee filed return of income on 18.9.2019 and claimed exemption u/s. 11. While processing the return of income on 18.05.2020 the exemption claimed by the assessee was not accepted. FAA noticed that assessee filed Form 10B on 16.09.2019 and return was filed on 18.09.2019, but on verification ...