https://www.taxtmi.com/caselaws?id=375034 The Tribunal allowed the appeal, directing the Ld. CIT(E) to grant approval under section 80G(5)(vi) of the Income Tax Act, 1961. The Tribunal held that since the entity was granted registration under section 12AA, approval under section 80G(5) cannot be denied. It emphasized that the Assessee met the prescribed conditions and was entitled to approval from the date of application. The judgment underscores the significance of adhering to legal provisions and precedents in matters of tax approval, ensuring decisions are based on individual case circumstances and statutory compliance. en-us Wed, 06 Feb 2019 00:00:00 +0530 Thu, 14 Feb 2019 06:16:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375034 The Tribunal allowed the appeal, directing the Ld. CIT(E) to grant approval under section 80G(5)(vi) of the Income Tax Act, 1961. The Tribunal held that since the entity was granted registration under section 12AA, approval under section 80G(5) cannot be denied. It emphasized that the Assessee met the prescribed conditions and was entitled to approval from the date of application. The judgment underscores the significance of adhering to legal provisions and precedents in matters of tax approval, ensuring decisions are based on individual case circumstances and statutory compliance. Case-Laws Income Tax Wed, 06 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375034