https://www.taxtmi.com/caselaws?id=451035 ITAT Rajkot allowed the appeal for statistical purposes regarding registration under Section 80G(5)(vi). The CIT(E) had rejected the application citing two religious objects among ten total objects and religious expenditure mentioned in Form 10AB. The tribunal held that Section 80G(5B) permits religious expenditure up to 5% of total income, and CIT(E) failed to examine whether the trust's religious spending exceeded this threshold. The matter was remanded to CIT(E) for fresh consideration, directing approval if religious expenditure remains within the 5% limit. en-us Fri, 23 Feb 2024 00:00:00 +0530 Tue, 19 Mar 2024 08:40:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=451035 ITAT Rajkot allowed the appeal for statistical purposes regarding registration under Section 80G(5)(vi). The CIT(E) had rejected the application citing two religious objects among ten total objects and religious expenditure mentioned in Form 10AB. The tribunal held that Section 80G(5B) permits religious expenditure up to 5% of total income, and CIT(E) failed to examine whether the trust's religious spending exceeded this threshold. The matter was remanded to CIT(E) for fresh consideration, directing approval if religious expenditure remains within the 5% limit. Case-Laws Income Tax Fri, 23 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=451035