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...
ITAT allowed the assessee's appeal and set aside the rejection of approval under s.80G(5)(iii), holding that the error in filing Form No.10AB under the wrong sub-clause was a curable defect and did not permit cancellation or rejection absent dissatisfaction as to genuineness of activities or failure to meet conditions in the proviso. The Tribunal held that where provisional registration in Form No.10AC had issued, the ld. CIT(E) was obliged to inform the assessee and permit rectification rather than reject the application on a mere procedural mistake. The denial of final approval was quashed and the matter remitted for compliance with the rectification procedure consistent with statutory provisos.
ITAT allowed the assessee's appeal and set aside the rejection of approval under s.80G(5)(iii), holding that the error in filing Form No.10AB under the wrong sub-clause was a curable defect and did not permit cancellation or rejection absent dissatisfaction as to genuineness of activities or failure to meet conditions in the proviso. The Tribunal held that where provisional registration in Form No.10AC had issued, the ld. CIT(E) was obliged to inform the assessee and permit rectification rather than reject the application on a mere procedural mistake. The denial of final approval was quashed and the matter remitted for compliance with the rectification procedure consistent with statutory provisos.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
