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    <title>2012 (12) TMI 63 - ITAT NEW DELHI</title>
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    <description>The appeal was allowed, and the exemption under sec. 80G(5)(vi) of the Income-tax Act was directed to be allowed, confirming the continuation of the exemption granted to the assessee in perpetuity unless withdrawn by the competent authority. The Tribunal set aside the order rejecting the application for exemption and emphasized the perpetual nature of the approval once granted under the Act, despite the omission of the Proviso to sec. 80G(5)(vi) by the Finance (No.2) Act, 2009.</description>
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      <link>https://www.taxtmi.com/caselaws?id=219048</link>
      <description>The appeal was allowed, and the exemption under sec. 80G(5)(vi) of the Income-tax Act was directed to be allowed, confirming the continuation of the exemption granted to the assessee in perpetuity unless withdrawn by the competent authority. The Tribunal set aside the order rejecting the application for exemption and emphasized the perpetual nature of the approval once granted under the Act, despite the omission of the Proviso to sec. 80G(5)(vi) by the Finance (No.2) Act, 2009.</description>
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