https://www.taxtmi.com/caselaws?id=436334 The Tribunal allowed the appeal, overturning the impugned order and directing the Commissioner of Income Tax (Exemption) to grant approval under Section 80G(5)(vi) of the Income Tax Act, 1961, from the date of application. The Tribunal criticized the arbitrary exercise of power and emphasized the need for consistency in granting approvals, aligning with established legal principles and precedents. The decision underscored the importance of adhering to legal precedents, particularly when registration under Section 12AA has been granted, thereby ensuring fairness and consistency in the treatment of charitable trusts' applications for tax exemptions. en-us Fri, 20 Jan 2023 00:00:00 +0530 Fri, 20 Dec 2024 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436334 The Tribunal allowed the appeal, overturning the impugned order and directing the Commissioner of Income Tax (Exemption) to grant approval under Section 80G(5)(vi) of the Income Tax Act, 1961, from the date of application. The Tribunal criticized the arbitrary exercise of power and emphasized the need for consistency in granting approvals, aligning with established legal principles and precedents. The decision underscored the importance of adhering to legal precedents, particularly when registration under Section 12AA has been granted, thereby ensuring fairness and consistency in the treatment of charitable trusts' applications for tax exemptions. Case-Laws Income Tax Fri, 20 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436334