Tribunal Restores Section 12A Exemption Despite CPC’s Technical Objection

Vinayaka Education Trust Vs ITO (ITAT Ahmedabad) 12A Still Alive: Technical Mismatch Cannot Kill Substantive Exemption +ITAT Restores Exemption After CPC’s Technical Denial Assessee, a charitable trust registered u/s 12A since 05.01.2011, filed ITR-7 on 31.12.2021 claiming exemption u/s 11 after applying income of Rs.3,67,53,006 & claiming accumulation of Rs.59,97,501. CPC, while processing return u/s 143(1), denied exemption on the sole ground that the new registration details u/s 12AB / 10(23C) were not filled in the ITR, holding that from 01.06.2020 fresh registration was mandatory. E...