Section 11 - itr 7 --.asst 2122

This query is : Resolved

Kunjan (Querist)
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20 October 2023 for asst.2122, 10ac registration details are not required to be stated in itr7. only very old income tax registraion details were required.

, yet 143(1) rejeected my exemption simply because, i didnt write 10ac registration details in itr7.

can anyone tell me , was 10ac required in asst. 2122?

matter is in appeal now.
regards, ca kunjan
(my view--only from asst.2223, 10ac registration deatsils were to besatted in page 1 of itr7)

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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11 July 2024 If your organization had obtained registration under Section 10(23C) or any other relevant sections mentioned above for AY 2021-22, it was necessary to provide these registration details in the ITR-7 form. The rejection of exemption under Section 143(1) could potentially be due to the absence of these details, as the Income Tax Department requires comprehensive information to verify eligibility for exemptions and deductions.

Since you mentioned that the matter is in appeal, it would be advisable to thoroughly review the requirements for AY 2021-22 and the specific provisions applicable to your case. If the requirement for providing 10AC registration details was indeed applicable for AY 2021-22 and you did not furnish these details, the appeal process will provide an opportunity to submit the necessary documents and clarify any misunderstandings.

It's crucial to consult with a tax advisor or CA familiar with the details of your case and the current tax laws to ensure all necessary information is provided correctly during the appeal process.