2025 (12) TMI 859

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.... Respondent: Shri Sudhakar Verma, DR ORDER PER DR. B.R.R. KUMAR, VICE-PRESIDENT:- This appeal has been filed by the Assessee against the order dated 17.06.2025 passed by the Ld. ADDL/JCIT(A)-9, Delhi ('Ld. CIT(A)' in short), under Section 250 of the Income-tax Act, 1961 ('the Act' in short), for the Assessment Year 2016-17. 2. The assessee has raised following grounds of appeal:- ....

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.... of the Act, filed its return of income for the year under consideration on 07.08.2016. The return was processed by CPC u/s. 143(1) on 03.01.2018, disallowing exemption u/s. 11 and raising a demand of Rs.7,83,650/-, on the ground that Form 10B was not available on record. The assessee filed a rectification application u/s. 154 on 08.03.2022; but, the same was rejected by order dated 06.04.2022, ag....

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.... that the audit report in Form 10B was duly filed on 07.08.2016, well within the prescribed due date. However, CPC erroneously ignored this while processing the return u/s. 143(1) of the Act, resulting in disallowance of exemption u/s. 11 of the Act. The Ld. CIT(A) also overlooked the original timely filed Form 10B and relied instead on the revised version submitted on 16.12.2019. Further, keeping....