https://www.taxtmi.com/caselaws?id=779671 ITAT held that the assessee, a non-registered religious trust taxed as an AOP and not exempt under sections 11/12 for the relevant year, correctly filed Form-5 declaring income of Rs. 1,50,272, below the Rs. 2,50,000 threshold. The CPC's application of the Maximum Marginal Rate under section 164(2) was improper because that provision targets registered charitable/religious institutions violating sections 11/12; section 164(3)(a) governs non-registered entities. The tribunal set aside lower orders and allowed the assessee's grounds of appeal. en-us Wed, 22 Jan 2025 00:00:00 +0530 Fri, 10 Oct 2025 08:44:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779671 ITAT held that the assessee, a non-registered religious trust taxed as an AOP and not exempt under sections 11/12 for the relevant year, correctly filed Form-5 declaring income of Rs. 1,50,272, below the Rs. 2,50,000 threshold. The CPC's application of the Maximum Marginal Rate under section 164(2) was improper because that provision targets registered charitable/religious institutions violating sections 11/12; section 164(3)(a) governs non-registered entities. The tribunal set aside lower orders and allowed the assessee's grounds of appeal. Case-Laws Income Tax Wed, 22 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779671