https://www.taxtmi.com/caselaws?id=752647 ITAT Kolkata allowed the appeal regarding rejection of applications for registration under section 12AA(1)(ac)(iii) and final approval under section 80G(5)(iii). The CIT(Exemptions) had rejected both applications as premature, finding the trust's provisional registration valid until 2026-27. The tribunal held that provisions do not bar early applications; rather, applicants should file at the earliest possible event. The matter was restored to CIT(Exemptions) to reconsider the final registration application. For section 80G approval, the tribunal directed provisional approval if eligible, with final decision within two months, ensuring continuity of benefits without break during the interim period. en-us Mon, 13 May 2024 00:00:00 +0530 Wed, 15 May 2024 09:20:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752647 ITAT Kolkata allowed the appeal regarding rejection of applications for registration under section 12AA(1)(ac)(iii) and final approval under section 80G(5)(iii). The CIT(Exemptions) had rejected both applications as premature, finding the trust's provisional registration valid until 2026-27. The tribunal held that provisions do not bar early applications; rather, applicants should file at the earliest possible event. The matter was restored to CIT(Exemptions) to reconsider the final registration application. For section 80G approval, the tribunal directed provisional approval if eligible, with final decision within two months, ensuring continuity of benefits without break during the interim period. Case-Laws Income Tax Mon, 13 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752647