Where assessee-trust filed its return of income in Form No. 5, natural inference to be drawn was that assessee was a partnership firm and computation of tax liability to be made accordingly; CPC could not go beyond return of income and accompanying documents when processing returns of income under section 143(1). Rectification application is rejected. (AY. 2012-13)
Lions Nab Community Eyecare Centre v. DCIT (2023) 221 TTJ 1023 / 150 taxmann.com 115(Pune)(Trib)
S. 11 : Property held for charitable purposes-Exemption not claimed as ITR-5 was filed instead of ITR-7-Partnership firm-Order of adjustment is justified. [S. 143(1),154 184]