The Income Tax Appellate Tribunal held that the assessee's...

The Income Tax Appellate Tribunal held that the assessee's application for registration u/s 80G was filed within the statutory time limit. The Tribunal directed the Commissioner of Income Tax (Exemptions) to treat the application as validly filed and verify the assessee's eligibility as per the Act after granting an opportunity to the assessee to file necessary documents. The provisional registration granted earlier cannot be cancelled solely on the ground of delay in filing the application. The Tribunal ruled that the interpretation adopted by the CIT(Exemptions) would lead to an unintended consequence of debarring existing trusts from seeking registration.