2024 (7) TMI 506

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....ct'). The assessee is in appeal before this Tribunal raising the following grounds of appeal, which are as under: "1. For that the Ld. CIT(A) erred in dismissing the appeal filed against order u/s 154 on the ground that there was no mistake apparent from record which could have been rectified w/s 154 when there was no debatable issue that the assessee trust was registered u/s 12A, the old registration number were duly mentioned in the return of income and the action of CPC in denying exemption u/s 11 to the assessee trust in the intimation u/s 143(1) for not mentioning the new registration number in the return of income when the date for making application for obtaining new registration number was extended by the CBDT which was muc....

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....ed in the return of income as the assessee had not obtained new registration u/s 12AB of the Act on the date of submitting the original return. Therefore, the assessee furnished the details of previous registration u/s 12A of the Act dated 29.10.1997 in the return of income. The Assessing Officer while processing the return of income of the assessee u/s 143(1) of the Act did not allow the claim of the assessee of benefitting of exemption u/s 11/12 of the Act as the assessee failed to furnish new registration in the return of income. As a result, a demand of Rs. 13,79,960/- was raised upon the assessee. 4. Aggrieved by the order passed by the Assessing Officer, the assessee filed a rectification request u/s 154 of the Act. However, the cl....