Khemka Charity Trust vs. Income Tax Officer (Exemption)
Case No: I.T.A. No.142/Kol/2025
Court: Income Tax Appellate Tribunal, SMC Bench, Kolkata
Date: 12/19/2025
Parties Involved
AppellantKhemka Charity Trust
RespondentIncome Tax Officer (Exemption)
Facts Summary
The assessee, Khemka Charity Trust, is a charitable trust that filed its return of income for the assessment year 2018-19. The application of funds amounting to Rs. 8,17,000/- and accumulation of funds amounting to Rs. 27,010/- under section 11 of the Income Tax Act, 1961, were denied by the Assessing Officer (AO). The assessee appealed to the Commissioner of Income Tax (Appeals) (CIT(A)), who allowed the appeal but directed the AO to verify the information/details. The AO disallowed the claim o…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the delay of 303 days in uploading the audit report in Form 10B is fatal to the assessee’s claim of exemption under section 11 of the Income Tax Act, 1961.
Precedents Relied Upon
4 precedents cited in this judgement.