Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Rejection of Application for Final Approval u/s 80G(5)(iii) - The Tribunal observed that the CBDT Circular extending the date for final applications did not apply to institutions filing under Clause (iv) to First Proviso to section 80G(5) of the Act. It ruled that the appellant's application for final approval was within the limitation period and directed the CIT(Exemption) to grant provisional approval if the appellant met eligibility criteria. Additionally, the Tribunal clarified that if final approval was granted, the benefit of approval under section 80G of the Act would be deemed to continue without break.
Rejection of Application for Final Approval u/s 80G(5)(iii) - The Tribunal observed that the CBDT Circular extending the date for final applications did not apply to institutions filing under Clause (iv) to First Proviso to section 80G(5) of the Act. It ruled that the appellant's application for final approval was within the limitation period and directed the CIT(Exemption) to grant provisional approval if the appellant met eligibility criteria. Additionally, the Tribunal clarified that if final approval was granted, the benefit of approval under section 80G of the Act would be deemed to continue without break.
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