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RU
ITAT Pune Allows Section 11 Exemption Despite Delayed Form 10BB Filing
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AdvertisementSadguru Dada Maharaj Sangavadekar Seva Pratishthan Vs ITO (ITAT Pune) The assessee, a charitable trust registered under Section 12AA of the Income-tax Act, filed an appeal against the order of the Addl./JCIT(A)-3, Ahmedabad, passed under Section 250 for Assessment Year 2024-25.
The dispute concerned the denial of exemption under Section 11 on the ground that Form No.
10BB had not been filed one month before the due date prescribed under Section 139(1).
The assessee stated that its return of income for Assessment Year 2024-25 was filed on 21.10.2024, declaring Nil income after claiming exe...