https://www.taxtmi.com/caselaws?id=764308 ITAT Pune allowed the appeal of a public trust for statistical purposes and remanded the matter back to CIT(A). The trust filed a belated return claiming exemption under sections 11/12 but was denied exemption due to non-filing of audit report before the specified date under section 44AB. CPC processed the return under section 143(1) without allowing the claimed exemption and treated entire receipts as taxable income without issuing prior notice under section 143(1)(a). ITAT found that CIT(A) failed to adjudicate all grounds raised in the appeal memo, making the order bad in law, and directed fresh consideration of all grounds. en-us Fri, 06 Dec 2024 00:00:00 +0530 Wed, 08 Jan 2025 08:37:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764308 ITAT Pune allowed the appeal of a public trust for statistical purposes and remanded the matter back to CIT(A). The trust filed a belated return claiming exemption under sections 11/12 but was denied exemption due to non-filing of audit report before the specified date under section 44AB. CPC processed the return under section 143(1) without allowing the claimed exemption and treated entire receipts as taxable income without issuing prior notice under section 143(1)(a). ITAT found that CIT(A) failed to adjudicate all grounds raised in the appeal memo, making the order bad in law, and directed fresh consideration of all grounds. Case-Laws Income Tax Fri, 06 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764308