https://www.taxtmi.com/caselaws?id=752335 ITAT Ahmedabad allowed the appeal against CIT(E)'s rejection of final approval application under section 80G(5)(iii) on technical grounds. The CIT(E) had rejected the application as the trust failed to file Form 10AB by the prescribed deadline of 30.09.2022 and commenced activities prior to provisional registration. The Tribunal held that the timeline for filing Form 10AB should be treated as directory, not mandatory, following precedents from ITAT Chennai and Kolkata. Since the timeline for Form 10A was extended to 30.09.2023, the same extension applied to Form 10AB applications. The matter was remanded to CIT(E) for fresh consideration. en-us Tue, 30 Apr 2024 00:00:00 +0530 Wed, 08 May 2024 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752335 ITAT Ahmedabad allowed the appeal against CIT(E)'s rejection of final approval application under section 80G(5)(iii) on technical grounds. The CIT(E) had rejected the application as the trust failed to file Form 10AB by the prescribed deadline of 30.09.2022 and commenced activities prior to provisional registration. The Tribunal held that the timeline for filing Form 10AB should be treated as directory, not mandatory, following precedents from ITAT Chennai and Kolkata. Since the timeline for Form 10A was extended to 30.09.2023, the same extension applied to Form 10AB applications. The matter was remanded to CIT(E) for fresh consideration. Case-Laws Income Tax Tue, 30 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752335