https://www.taxtmi.com/caselaws?id=769649 ITAT Lucknow allowed the appeal of a registered trust under section 12A, deleting additions made by CIT(A) for denial of exemption under sections 11 and 12. The trust had omitted to fill column 6(i) regarding amounts applied to charitable purposes in its return, though it correctly filled other relevant columns. CIT(A) erroneously adopted a pedantic approach, treating expenditures under income from other sources rather than charitable exemption provisions. ITAT held that mere technical omission in return filing cannot deny exemption if the trust is otherwise eligible, emphasizing that registered trusts must be assessed under sections 11-13 regime. Since no expenditure was made outside charitable objects and the trust was registered for educational purposes, the exemption was rightfully granted, following Gujarat HC precedent in similar circumstances. en-us Fri, 25 Apr 2025 00:00:00 +0530 Tue, 29 Apr 2025 08:33:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769649 ITAT Lucknow allowed the appeal of a registered trust under section 12A, deleting additions made by CIT(A) for denial of exemption under sections 11 and 12. The trust had omitted to fill column 6(i) regarding amounts applied to charitable purposes in its return, though it correctly filled other relevant columns. CIT(A) erroneously adopted a pedantic approach, treating expenditures under income from other sources rather than charitable exemption provisions. ITAT held that mere technical omission in return filing cannot deny exemption if the trust is otherwise eligible, emphasizing that registered trusts must be assessed under sections 11-13 regime. Since no expenditure was made outside charitable objects and the trust was registered for educational purposes, the exemption was rightfully granted, following Gujarat HC precedent in similar circumstances. Case-Laws Income Tax Fri, 25 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769649