Retrospective cancellation of charitable registration under section 12AB(4) was unsustainable; related-party benefit allegations did not prove nongenu...
Merger control notice and disclosure rules: Supreme Court limits penalties, rejects reopening of approved combination, and sets aside adverse findings...
Page of 4805
Press 'Enter' after typing page number.
2701 to 2720 of 96100 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The case involves the rejection of an application for registration u/s 80G by the CIT(E) due to a time limit issue. The ITAT held that provisional registration is meant for newly formed trusts/institutions not yet active, distinguishing them from those already engaged in charitable activities. Trusts in the latter category, though not mandated to apply for registration u/s 80G, can do so under the new procedure. Those with provisional registration must apply for regular registration u/s 80G. The ITAT interpreted the time limit provision to apply to trusts not active at the time of provisional registration. The matter was remanded to the CIT(E) for reconsideration in line with the decision, ensuring a fair hearing. The appeal was allowed for statistical purposes.
The case involves the rejection of an application for registration u/s 80G by the CIT(E) due to a time limit issue. The ITAT held that provisional registration is meant for newly formed trusts/institutions not yet active, distinguishing them from those already engaged in charitable activities. Trusts in the latter category, though not mandated to apply for registration u/s 80G, can do so under the new procedure. Those with provisional registration must apply for regular registration u/s 80G. The ITAT interpreted the time limit provision to apply to trusts not active at the time of provisional registration. The matter was remanded to the CIT(E) for reconsideration in line with the decision, ensuring a fair hearing. The appeal was allowed for statistical purposes.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
