https://www.taxtmi.com/caselaws?id=448547 ITAT Surat held that charitable trust's application for final approval under section 80G(5) was valid despite being filed after the prescribed time limit. The tribunal interpreted that the six-month time limit for existing trusts runs from provisional registration expiry, not from commencement of activities, which applies only to newly formed institutions. The court emphasized that statutory provisions should avoid absurd situations where long-established trusts would be permanently barred from registration. Additionally, mere receipt of donations does not constitute commencement of charitable activities; actual benefit to beneficiaries marks the beginning. The matter was remanded to CIT(E) for fresh consideration following proper legal interpretation and verification of eligibility conditions. en-us Tue, 16 Jan 2024 00:00:00 +0530 Sun, 21 Jan 2024 23:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448547 ITAT Surat held that charitable trust's application for final approval under section 80G(5) was valid despite being filed after the prescribed time limit. The tribunal interpreted that the six-month time limit for existing trusts runs from provisional registration expiry, not from commencement of activities, which applies only to newly formed institutions. The court emphasized that statutory provisions should avoid absurd situations where long-established trusts would be permanently barred from registration. Additionally, mere receipt of donations does not constitute commencement of charitable activities; actual benefit to beneficiaries marks the beginning. The matter was remanded to CIT(E) for fresh consideration following proper legal interpretation and verification of eligibility conditions. Case-Laws Income Tax Tue, 16 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448547