Preeti. I have the same issue here. I started with an app that uses NFC and is built with Xcode 10.2
It is my aim to update this app to build using Xcode 11.1 However when I do so I get an error saying that have missing entitlements, I can solve this error by adding TAG to my entitlements file like this:
<plist version="1.0">
<dict>
<key>com.apple.developer.nfc.readersession.formats</key>
<array>
<string>NDEF</string>
<string>TAG</string>
</array>
</dict>
</plist>
However once you do this this is where I encounter the issue you describe, my build now complains that my provisioning profile "doesn't match the entitlements file value for the com.apple.developer.nfc.readersession.formats entitlement." Is this the same issue you are having?
This despite my profiles having previously contained the NFC tagging entitlement, and having worked fine on Xcode 10.2 Have these entitlements changed for Xcode 11 and how do we solve this and maintain backward compatibility?