https://www.taxtmi.com/caselaws?id=186492 The Tribunal ruled in favor of the assessee in an appeal against the rejection of the application for exemption under section 80G(5) of the Income Tax Act, 1961. The Tribunal held that the approval granted earlier should be considered perpetual unless specifically withdrawn, referencing a CBDT circular. It was determined that the assessee, a religious trust, was engaged in charitable activities based on financial records and the inclusive nature of the 'Bhagwat Katha' program, leading to the invalidation of the rejection by the ld. CIT. en-us Fri, 08 Jul 2011 00:00:00 +0530 Tue, 20 Sep 2016 16:01:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186492 The Tribunal ruled in favor of the assessee in an appeal against the rejection of the application for exemption under section 80G(5) of the Income Tax Act, 1961. The Tribunal held that the approval granted earlier should be considered perpetual unless specifically withdrawn, referencing a CBDT circular. It was determined that the assessee, a religious trust, was engaged in charitable activities based on financial records and the inclusive nature of the 'Bhagwat Katha' program, leading to the invalidation of the rejection by the ld. CIT. Case-Laws Income Tax Fri, 08 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186492