Section 11 and 12 exemption disallowed
Aman Sachdeva (12 Points)
23 May 2023
The assessee had not obtained registration u/s 12AB by filing Form 10A within the given time. The form hasn't been filed till now. The exemption claimed u/s 11 and 12 for the AY 2022-23 has now been disallowed. Is there any remedy available where assessee can continue to avail exemption u/s 11 and 12 for the AY 2022-23, 2023-24 and onwards.