Corpus Donation Exemption Under Section 11 Allowed After Assessee Filed Revised Form 10 Without Time Limit

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....The ITAT allowed the assessee's appeal against denial of corpus donation exemption under section 11. The AO had denied the exemption and passed an assessment order under s.143(3) merely three days after issuing a show cause notice. The Tribunal noted that the assessee had filed a revised Form 10 on 21.04.2021, shortly after the assessment order dated 16.04.2021. Relying on Shri Chandraprabhuji Maharaj Jain, where it was held that no statutory time limit exists for filing Form 10, the ITAT set aside the CIT(A)'s order and remanded the matter to the AO with directions to consider the revised Form 10 accompanied by Board Resolution and decide on merits.....