AdvertisementMahakavi Edasseri Smaraka Trust Vs ITO (Exemptions) (ITAT Cochin) The Income Tax Appellate Tribunal (ITAT), Cochin allowed the assessee’s appeal against the order of the Commissioner of Income Tax (Appeals) dated 21.12.2022, which had upheld the rectification of the processing of the assessee’s return under Section 143(1)(a) of the Income-tax Act, 1961 through an order passed under Section 154. The assessee, a charitable trust registered under Section 12A on 15.06.2015, filed its return of income for AY 2018-19 on 14.09.2018. It declared income of ₹87,430 after claiming accumulat...