https://www.taxtmi.com/caselaws?id=794147 A charitable trust registered under the income-tax law could not be denied exemption merely because its return incorrectly showed the status of a company. The ITAT Lucknow noted that Form 10B was filed within the extended due date, the return was filed in the trust's PAN, and the status error was only a curable defect that should have triggered a notice under section 139(9) before rejection. As the assessee was otherwise entitled to section 11 relief, the exemption could not be refused on the mistaken entry alone, and the appellate authority was not limited by rectification constraints in granting lawful relief. en-us Mon, 25 May 2026 00:00:00 +0530 Wed, 01 Jul 2026 08:47:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794147 A charitable trust registered under the income-tax law could not be denied exemption merely because its return incorrectly showed the status of a company. The ITAT Lucknow noted that Form 10B was filed within the extended due date, the return was filed in the trust's PAN, and the status error was only a curable defect that should have triggered a notice under section 139(9) before rejection. As the assessee was otherwise entitled to section 11 relief, the exemption could not be refused on the mistaken entry alone, and the appellate authority was not limited by rectification constraints in granting lawful relief. Case-Laws Income Tax Mon, 25 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794147