https://www.taxtmi.com/caselaws?id=456566 ITAT Jabalpur set aside CIT(E)'s rejection of assessee society's registration application under section 12AB. The CIT(E) had rejected the application observing no change in society's objects after previous rejection for favoring students through fee concessions against stated objects. However, since the society obtained post facto registration under section 12AA for AY 2017-18 to 2020-21, it became eligible to apply for registration under section 12AB through section 12A(1)(ac)(i). Matter remanded to CIT(E) for fresh consideration under section 12AB(1)(a). Appeal allowed for statistical purposes. en-us Fri, 22 Sep 2023 00:00:00 +0530 Thu, 01 Aug 2024 20:46:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456566 ITAT Jabalpur set aside CIT(E)'s rejection of assessee society's registration application under section 12AB. The CIT(E) had rejected the application observing no change in society's objects after previous rejection for favoring students through fee concessions against stated objects. However, since the society obtained post facto registration under section 12AA for AY 2017-18 to 2020-21, it became eligible to apply for registration under section 12AB through section 12A(1)(ac)(i). Matter remanded to CIT(E) for fresh consideration under section 12AB(1)(a). Appeal allowed for statistical purposes. Case-Laws Income Tax Fri, 22 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456566