2024 (7) TMI 224

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..... or the Petitioner : Mr. T. N.Seetharaman For the Respondents : Mr. V. Mahalingam, Senior Standing Counsel Mrs.S.Premalatha, Junior Standing Counsel ORDER An order dated 18.03.2024 rejecting a revision petition under Section 264 of the Income-tax Act, 1961, is challenged in this writ petition. 2. The petitioner is a public charitable trust (the Trust). The Trust was granted approval under Se .....

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..... as filed. 3. Learned counsel for the petitioner submits that the Trust was granted approval in the year 2013 and has consistently claimed exemption in each assessment year. Merely on account of an inadvertent error while filing Form ITR-VII, he submits that the petitioner had been denied the benefit of exemption. Learned counsel further submits that the CIT has wide powers under Section 264 of th .....

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..... t entitled to exemption. Indeed, the first respondent has examined the returns of income of the petitioner for assessment years 2017-18 and 2019-20. Those returns of income would clearly indicate whether the assessee claimed exemption during those years. After examining those returns of income, the only observation of the first respondent is that the petitioner made errors while filing returns in .....

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