https://www.taxtmi.com/caselaws?id=451058 ITAT Kolkata allowed the appeal regarding application for final approval under section 80G(5)(iii). The revenue authority had rejected the application claiming the assessee commenced activities before provisional registration and exceeded the time limit. The tribunal held that for institutions with provisional registration under clause (iv), the commencement date counts from post-provisional registration activities, not pre-registration activities. CBDT circular extensions apply only to renewal applications, not fresh provisional registrations. The tribunal directed the authority to grant final approval if the assessee meets other eligibility criteria, following precedents from similar cases. en-us Tue, 20 Feb 2024 00:00:00 +0530 Tue, 19 Mar 2024 08:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=451058 ITAT Kolkata allowed the appeal regarding application for final approval under section 80G(5)(iii). The revenue authority had rejected the application claiming the assessee commenced activities before provisional registration and exceeded the time limit. The tribunal held that for institutions with provisional registration under clause (iv), the commencement date counts from post-provisional registration activities, not pre-registration activities. CBDT circular extensions apply only to renewal applications, not fresh provisional registrations. The tribunal directed the authority to grant final approval if the assessee meets other eligibility criteria, following precedents from similar cases. Case-Laws Income Tax Tue, 20 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=451058