https://www.taxtmi.com/caselaws?id=774236 The ITAT PUNE ruled in favor of the assessee, setting aside the Addl./JCIT(A) order that denied section 11 exemption. The assessee mistakenly filed ITR-7 instead of ITR-5 applicable for AOP status. The tribunal held that technical filing errors cannot deprive legitimate claims and that only net income should be taxed after allowing proper expenditure deductions. The matter was remanded to Addl./JCIT(A) for fresh assessment on merits after verifying claimed expenses and reassessing income on net basis. en-us Wed, 25 Jun 2025 00:00:00 +0530 Sat, 05 Jul 2025 08:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774236 The ITAT PUNE ruled in favor of the assessee, setting aside the Addl./JCIT(A) order that denied section 11 exemption. The assessee mistakenly filed ITR-7 instead of ITR-5 applicable for AOP status. The tribunal held that technical filing errors cannot deprive legitimate claims and that only net income should be taxed after allowing proper expenditure deductions. The matter was remanded to Addl./JCIT(A) for fresh assessment on merits after verifying claimed expenses and reassessing income on net basis. Case-Laws Income Tax Wed, 25 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774236