AO couldn't deny benefit of sec. 11(2) just because form no. 10 was belatedly filed by assessee

INCOME TAX : Where in order to claim benefit of section 11(2), assessee-trust filed Form No. 10 belatedly and, thus, same was rejected by Assessing Officer, it could be concluded that when assessee was entitled to a statutory benefit, it was incumbent upon concerned authority to examine admissibility of benefit than to foreclose assessee on technicalities and, therefore, impugned order was to be set aside with a direction to Assessing Officer to take note of Form No. 10 acompanied with Board Res

from www.taxmann.com Latest Case Laws https://ift.tt/35EvYZA