IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘F’: NEW DELHI BEFORE SHRI S.RIFAUR RAHMAN, ACCOUNTANT MEMBER and SHRI SUDHIR KUMAR, JUDICIAL MEMBER (Assessment Year: 2016-17)

Puran Chand Arora Charitable Trust, vs. ITO, Exp. 2 (4), 2325/1, 1^st Floor, Bahadurgarh Road, Delhi.

Sadar Bazar, Delhi – 110 006.

(PAN : AAATP0295N)

(APPELLANT) (RESPONDENT)

ASSESSEE BY : Shri Pradeep Kapoor, CA REVENUE BY : Ms. Harpreet Kaur Hansra, Sr. DR Date of Hearing : 12.11.2024 Date of Order : 22.01.2025

O R D E R

PER S.RIFAUR RAHMAN,AM:

1. This appeal is filed by the assessee against the order of ld. Commissioner of Income-tax (Appeals)-5, Mumbai (hereinafter referred to as ‘ld. CIT (A)) dated

19.12.2023 for the assessment year 2016-17.

2. Brief facts of the case are, assessee filed its return of income for Assessment Year 2016-17 on 28.07.2016. Due to non-filing of Form 10B along with return of income, the claim of the assessee in proceedings u/s 143(1) of Income-tax Act, 1961 (for short ‘the Act’) for the claim of exemption u/s 11 of the Act was rejected and the receipts declared by the assessee of Rs.15,69,680/- brought to tax and no other deductions were allowed.

3. Aggrieved, assessee preferred an appe