https://www.taxtmi.com/caselaws?id=795421 Filing a return in ITR-7 rather than ITR-5, and the unavailability of Section 11 exemption for want of Section 12A/12AA registration, do not by themselves justify disallowing all expenditure or taxing gross receipts. The incorrect return form could be addressed through the defective-return procedure under Section 139(9). Tax liability must be computed on income determined under the Act, rather than solely from the form filed. The matter therefore requires reconsideration after addressing the defective return and determining taxable income in accordance with law. en-us Thu, 18 Jun 2026 00:00:00 +0530 Wed, 22 Jul 2026 08:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795421 Filing a return in ITR-7 rather than ITR-5, and the unavailability of Section 11 exemption for want of Section 12A/12AA registration, do not by themselves justify disallowing all expenditure or taxing gross receipts. The incorrect return form could be addressed through the defective-return procedure under Section 139(9). Tax liability must be computed on income determined under the Act, rather than solely from the form filed. The matter therefore requires reconsideration after addressing the defective return and determining taxable income in accordance with law. Case-Laws Income Tax Thu, 18 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795421