2025 (1) TMI 1722

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Respondent : Smt. Leena Lal, Sr. D.R. ORDER PER: INTURI RAMA RAO, AM These appeals filed by the assessee are directed against the orders of the National Faceless Appeal Centre, Delhi [CIT(A)] dated 12.02.2024 for Assessment Years (AYs) 2021-22 & 2022-23. 2. Since identical issues are involved, these appeals are heard together and disposed of vide this common order for the sake of conv....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... in Form 10B within one month prior to the due date for filing the return of income u/s. 139(1) of the Act. 4. Being aggrieved, appeals were filed before the CIT(A), who vide the impugned order confirmed the prima facie adjustment made in the intimation by holding that unless Form 10B is filed before the specified date, exemption u/s. 11 cannot be granted, placing reliance on the provisions of ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....dit report in Form 10B on 02.11.2022 whereas the return of income was processed u/s. 143(1) of the Act vide intimation dated 26.10.2022 after making adjustment by disallowance of claim for exemption u/s. 11 of the Act on the ground that the prescribed audit report was not filed before the specified date, i.e. one month before the due date for filing the return of income u/s. 139(1) of the Act. The....