https://www.taxtmi.com/caselaws?id=754191 The ITAT Pune held that a trust's application for registration under Section 80G(5)(iii) was not time-barred. The tribunal distinguished between newly formed trusts and existing trusts already conducting charitable activities, ruling that the six-month timeline from "commencement of activities" applies only to new trusts, not those already operational before obtaining provisional registration. For existing trusts, the deadline is six months before provisional registration expires. The CIT(E)'s rejection was overturned as it would create an absurd situation preventing long-established charitable trusts from ever obtaining registration. The matter was remanded for eligibility verification. en-us Fri, 05 Jan 2024 00:00:00 +0530 Wed, 19 Jun 2024 08:32:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754191 The ITAT Pune held that a trust's application for registration under Section 80G(5)(iii) was not time-barred. The tribunal distinguished between newly formed trusts and existing trusts already conducting charitable activities, ruling that the six-month timeline from "commencement of activities" applies only to new trusts, not those already operational before obtaining provisional registration. For existing trusts, the deadline is six months before provisional registration expires. The CIT(E)'s rejection was overturned as it would create an absurd situation preventing long-established charitable trusts from ever obtaining registration. The matter was remanded for eligibility verification. Case-Laws Income Tax Fri, 05 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754191