https://www.taxtmi.com/highlights?id=74872 Rejection of application filed in form no. 10AB for grant of registration u/s 12AB and 80G(5) - The ITAT found that the CIT(E) had grounds for dissatisfaction based on the deficiencies and non-compliances reported by the CAG. However, the material effect of these issues on the Assessee's objectives was not explicitly addressed. The matter was remanded to the CIT(E) for a detailed examination and to provide a reasoned decision on whether these issues affect the Assessee's eligibility for registration under sections 12AB and 80G. en-us Tue, 13 Feb 2024 12:30:12 +0530 Tue, 13 Feb 2024 12:30:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74872 Rejection of application filed in form no. 10AB for grant of registration u/s 12AB and 80G(5) - The ITAT found that the CIT(E) had grounds for dissatisfaction based on the deficiencies and non-compliances reported by the CAG. However, the material effect of these issues on the Assessee's objectives was not explicitly addressed. The matter was remanded to the CIT(E) for a detailed examination and to provide a reasoned decision on whether these issues affect the Assessee's eligibility for registration under sections 12AB and 80G. Highlights Income Tax Tue, 13 Feb 2024 12:30:12 +0530 https://www.taxtmi.com/highlights?id=74872