https://www.taxtmi.com/caselaws?id=772119 The ITAT Pune dismissed the assessee's appeal challenging denial of section 11 exemption benefits. The assessee filed return without claiming section 11 exemption, and DCIT(CPC) passed order under section 143(1) raising demand without granting exemption. The assessee argued it mistakenly filed return in Form 5 instead of applicable Form 7 for trusts. However, the Tribunal found no fault with DCIT(CPC)'s order as it was based on the return filed by assessee. The assessee failed to file revised return or take corrective action for seven and half years despite the error. en-us Tue, 27 May 2025 00:00:00 +0530 Wed, 04 Jun 2025 08:40:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772119 The ITAT Pune dismissed the assessee's appeal challenging denial of section 11 exemption benefits. The assessee filed return without claiming section 11 exemption, and DCIT(CPC) passed order under section 143(1) raising demand without granting exemption. The assessee argued it mistakenly filed return in Form 5 instead of applicable Form 7 for trusts. However, the Tribunal found no fault with DCIT(CPC)'s order as it was based on the return filed by assessee. The assessee failed to file revised return or take corrective action for seven and half years despite the error. Case-Laws Income Tax Tue, 27 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772119