https://www.taxtmi.com/caselaws?id=755607 The ITAT Bangalore denied exemption u/s 11 to a trust for filing Form 10 beyond the due date and seeking income accumulation u/s 11(2) in contravention of section 13(9). Though CIT(E) condoned the delay in filing Forms 10 and 10B, the return filing delay remained pending condonation before PCCIT(E), Delhi. Following precedent from ITAT Chennai in Papathiyammal Pitchai Education Trust case, the Tribunal remanded the matter to AO to decide after the condonation petition's disposal. The appeal was allowed for statistical purposes. en-us Fri, 01 Dec 2023 00:00:00 +0530 Mon, 15 Jul 2024 07:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755607 The ITAT Bangalore denied exemption u/s 11 to a trust for filing Form 10 beyond the due date and seeking income accumulation u/s 11(2) in contravention of section 13(9). Though CIT(E) condoned the delay in filing Forms 10 and 10B, the return filing delay remained pending condonation before PCCIT(E), Delhi. Following precedent from ITAT Chennai in Papathiyammal Pitchai Education Trust case, the Tribunal remanded the matter to AO to decide after the condonation petition's disposal. The appeal was allowed for statistical purposes. Case-Laws Income Tax Fri, 01 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755607