https://www.taxtmi.com/caselaws?id=781829 ITAT Ahmedabad allowed the appeal of the assessee trust, holding that it was eligible for exemption under s.11. The trust had valid registration under s.12A since 1975 and applied for migration to s.12AB by filing Form 10A on 29.03.2022, which fell within the extended timelines prescribed by CBDT Circulars. The Tribunal held that the application under s.12AB was valid and that exemption could not be denied merely because the new registration was not yet reflected. Consequently, the adjustment made by CPC in the intimation u/s 143(1) and the resultant demand were directed to be deleted. en-us Thu, 25 Sep 2025 00:00:00 +0530 Fri, 21 Nov 2025 08:42:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781829 ITAT Ahmedabad allowed the appeal of the assessee trust, holding that it was eligible for exemption under s.11. The trust had valid registration under s.12A since 1975 and applied for migration to s.12AB by filing Form 10A on 29.03.2022, which fell within the extended timelines prescribed by CBDT Circulars. The Tribunal held that the application under s.12AB was valid and that exemption could not be denied merely because the new registration was not yet reflected. Consequently, the adjustment made by CPC in the intimation u/s 143(1) and the resultant demand were directed to be deleted. Case-Laws Income Tax Thu, 25 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781829