ITAT Delhi-Goswami Bhagwan Lal
Education Society v. Income Tax Officer Exemption Ward Faridabad
ITA No. 2238/Del/2025 | Order
dated: 27 November 2025
Coram: Shri Challa Nagendra Prasad
(JM) & Shri Avdhesh Kumar Mishra (AM)
Core Issues
1. Whether denial of alternate
exemption under section 11 of the Income-tax Act, 1961 at the stage of
processing under section 143(1), merely due to non-filing of audit report in
Form No. 10B, is permissible in law.
2. Whether entire gross
receipts can be taxed when exemption is denied, without allowing revenue
expenditure, or only the income/surplus embedded in receipts can be brought to
tax.
Material Facts:The assessee, an
educational society, filed its return declaring NIL income, claiming exemption
under section 10(23C)(via).
Audit report was uploaded in Form
No. 10BB (relevant for section 10(23C)), but Form No. 10B (required for section
11) was not filed.
CPC, while processing the return
under section 143(1):
Denied exemption under section
10(23C)(via);
Denied alternate claim under
section 11 due to absence of Form 10B; and
Taxed entire gross receipts of
₹1.18 crore instead of the surplus of ₹23.47 lakh.
The Addl. CIT(A) upheld the CPC
action.
Key Findings of ITAT Delhi
1. Non-filing of Form No. 10B is a
Curable Defect
The Tribunal held that failure to file audit report in Form No. 10B is a
curable defect, not a fatal one.
Denial of alternate exemption
under section 11 without granting opportunity under section 139(9) is a
debatable issue and cannot be adjusted under section 143(1).
Reliance placed on:
• Rai Bahadur Bissesswarlal
Motilal Malwasie Trust (195 ITR 825 – Cal)
• Calcutta Management
Association (42 ITD 62)
• Sankulp Welfare Society (303
ITR 64)
• National Horticulture Board
(176 Taxman 167)
• Sahjanand Charity Trust (228
ITR 292)
2. Adjustment under Section 143(1)
Not Permissible
Disallowance of exemption under
section 11 without invoking section 139(9) and without granting opportunity is
beyond the scope of prima facie adjustment.
Such denial involves
interpretation and adjudication, hence outside section 143(1).
3. Entire Gross Receipts Cannot Be
Taxed
The Tribunal categorically
rejected the view of the Addl. CIT(A) that once exemption fails, entire
receipts become taxable.
Income-tax is a tax on income, not
on gross receipts.
Even if exemption under section 11
is denied:
Only the income embedded in gross
receipts can be taxed.
Entire receipts cannot be assessed
as income.
4. Allowability of Expenditure
under Sections 56 & 57
If exemption under section 11 is
denied, income is assessable under “Income from Other Sources”.
Consequently:
Revenue expenditure incurred
wholly and exclusively to earn income, and
Depreciation on assets,
must be allowed under section 57.
Disallowance of entire expenditure
at 143(1) stage is against accounting principles and statutory provisions.
Reliance placed on Delhi High
Court ruling in Petroleum Sports Promotion Board (362 ITR 235).
Final Decision:Impugned order set
aside.
Matter remanded to the Assessing
Officer with directions to:
Treat non-filing of Form No. 10B
as a curable defect;
Grant opportunity under section
139(9);
Permit filing of Form No. 10B and
consider condonation of delay;
Re-examine allowability of
exemption under section 11; and
Tax only net income/surplus, after
allowing eligible expenditure.
Appeal allowed for statistical
purposes.
Legal Significance-Reaffirms that
section 143(1) cannot be used as a tool for adjudication.
Clarifies that failure to file
Form No. 10B does not automatically extinguish section 11 exemption.
Settles that even where exemption
fails, taxation must be on income and not on gross receipts.
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