Shimoga Urban Development Authority vs. ITO Ward-1 Shimoga
Case No: ITA No.57/Bang/2024
Court: Income Tax Appellate Tribunal, 'B' Bench, Bangalore
Date: 1/31/2025
Parties Involved
appellantShimoga Urban Development Authority
respondentITO Ward-1 Shimoga
Facts Summary
The assessee, Shimoga Urban Development Authority, filed a belated return of income on 30.07.2020 for the assessment year 2019-20, claiming benefits under sections 11 & 12 of the Income Tax Act, 1961. The Centralized Processing Center (CPC) processed the return on 30.10.2020 but did not allow the benefits of section 11 on the ground that the assessee failed to furnish FORM-10. Aggrieved by this order, the assessee appealed to the Commissioner of Income Tax (Appeals) [CIT(A)], who dismissed the a…
Decision in favour of
Revenue
Legal Issues
- 1. Whether the delay in filing the appeal before the ITAT should be condoned.
- 2. Whether the assessee is entitled to the benefits of section 11 of the Income Tax Act, 1961.
Precedents Relied Upon
4 precedents cited in this judgement.