Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
The ITAT held that the rejection of final Registration u/s. 80G(5)(iii) due to a belated filing was justified. The Trust had failed to file within the six-month period, rendering the application not maintainable. The decision overlooked Circular No. 6 of 2023, allowing fresh applications until 30-09-2023. The ITAT directed the CIT[E] to reconsider the application for final Registration u/s. 80G, ensuring the Trust's cooperation in providing necessary details. The appeal was allowed for statistical purposes.
The ITAT held that the rejection of final Registration u/s. 80G(5)(iii) due to a belated filing was justified. The Trust had failed to file within the six-month period, rendering the application not maintainable. The decision overlooked Circular No. 6 of 2023, allowing fresh applications until 30-09-2023. The ITAT directed the CIT[E] to reconsider the application for final Registration u/s. 80G, ensuring the Trust's cooperation in providing necessary details. The appeal was allowed for statistical purposes.
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