https://www.taxtmi.com/caselaws?id=466967 Rectification under Section 154 removed a charitable exemption because the assessing officer/CPC found Form 10B not filed; the tribunal examined filing acknowledgements and extended due dates and concluded the statutory form was uploaded before the relevant return due dates, so the factual basis for disallowance was absent. Because the exemption had been allowed in the original intimation under Section 143(1), the rectification based on non-filing was invalid and the rectification orders were set aside, with appeals allowed for the assessment years concerned. en-us Tue, 08 Oct 2024 00:00:00 +0530 Fri, 27 Feb 2026 11:47:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466967 Rectification under Section 154 removed a charitable exemption because the assessing officer/CPC found Form 10B not filed; the tribunal examined filing acknowledgements and extended due dates and concluded the statutory form was uploaded before the relevant return due dates, so the factual basis for disallowance was absent. Because the exemption had been allowed in the original intimation under Section 143(1), the rectification based on non-filing was invalid and the rectification orders were set aside, with appeals allowed for the assessment years concerned. Case-Laws Income Tax Tue, 08 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466967