https://www.taxtmi.com/caselaws?id=465688 Exemption under sections 11 and 12 could not be denied merely because Form 9A contained an inadvertent zero entry where the return, Form 10B and Form 9A were otherwise filed within time and the records showed that the option under clause (2) of Explanation 2 to section 11(1) had in substance been exercised. The mistake was treated as a technical, computational and typographical defect, and the exemption claim was not to be rejected on that basis. The addition made while processing the return under section 143(1) was therefore deleted, and the Revenue's challenge failed. en-us Fri, 24 Jan 2025 00:00:00 +0530 Tue, 06 Jan 2026 10:46:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465688 Exemption under sections 11 and 12 could not be denied merely because Form 9A contained an inadvertent zero entry where the return, Form 10B and Form 9A were otherwise filed within time and the records showed that the option under clause (2) of Explanation 2 to section 11(1) had in substance been exercised. The mistake was treated as a technical, computational and typographical defect, and the exemption claim was not to be rejected on that basis. The addition made while processing the return under section 143(1) was therefore deleted, and the Revenue's challenge failed. Case-Laws Income Tax Fri, 24 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465688