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    <description>The Appellate Tribunal ITAT Amritsar dismissed the appeal filed by the assessee against the denial of registration u/s 12AA of the Income Tax Act by the Ld. CIT(Exemption). The Tribunal upheld the denial due to the absence of beneficiary and dissolution clauses in the Memorandum of Association but granted the appellant an opportunity to reapply with the necessary clauses for expedited processing.</description>
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