https://www.taxtmi.com/caselaws?id=755658 The ITAT Surat allowed the assessee's appeal challenging rejection of final approval under section 80G(5). The assessee had obtained provisional approval on 19.01.2023 for three years and filed Form 10AB for final approval on 24.01.2023. The CIT(E) rejected the application treating it as time-barred. The ITAT held that since the assessee never obtained prior approval despite commencing activities in 1984, the application was not time-barred. The matter was remanded to CIT(E) to examine other requisite conditions for section 80G approval and pass orders according to law. en-us Wed, 29 Nov 2023 00:00:00 +0530 Wed, 17 Jul 2024 08:05:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755658 The ITAT Surat allowed the assessee's appeal challenging rejection of final approval under section 80G(5). The assessee had obtained provisional approval on 19.01.2023 for three years and filed Form 10AB for final approval on 24.01.2023. The CIT(E) rejected the application treating it as time-barred. The ITAT held that since the assessee never obtained prior approval despite commencing activities in 1984, the application was not time-barred. The matter was remanded to CIT(E) to examine other requisite conditions for section 80G approval and pass orders according to law. Case-Laws Income Tax Wed, 29 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755658