https://www.taxtmi.com/caselaws?id=754196 ITAT Chennai allowed the appeal of a trust challenging denial of registration under Section 80G(5)(iii). The CIT(E) had rejected the application filed in Form 10AB on grounds of exceeding mandatory timeline - the trust was required to apply within 6 months of commencing activities or before 6 months prior to provisional approval expiry. The trust, having commenced activities in July 2020, filed application in September 2022 (later revised in January 2023). ITAT held the timeline should be treated as directory, not mandatory, given the transitional nature of amendments. The matter was remanded to CIT(E) for consideration on merits without timeline objections. en-us Mon, 01 Apr 2024 00:00:00 +0530 Tue, 18 Jun 2024 17:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754196 ITAT Chennai allowed the appeal of a trust challenging denial of registration under Section 80G(5)(iii). The CIT(E) had rejected the application filed in Form 10AB on grounds of exceeding mandatory timeline - the trust was required to apply within 6 months of commencing activities or before 6 months prior to provisional approval expiry. The trust, having commenced activities in July 2020, filed application in September 2022 (later revised in January 2023). ITAT held the timeline should be treated as directory, not mandatory, given the transitional nature of amendments. The matter was remanded to CIT(E) for consideration on merits without timeline objections. Case-Laws Income Tax Mon, 01 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754196