https://www.taxtmi.com/caselaws?id=766752 ITAT Delhi allowed the appeal and set aside CIT(E)'s rejection of Form 10AB for approval under Section 80G(5)(iii). The Trust had obtained provisional approval on 02.10.2021 for period ending AY 2024-25 and filed final approval application on 21.09.2023, which was within the prescribed six-month time limit before provisional approval expiry. ITAT held the Trust was not migrating from old to new regime since its previous approval had lapsed in 2009 and remained unrenewed until 2021. The matter was remitted back to CIT(E) for fresh consideration on merits, treating the application as timely filed. en-us Fri, 24 Jan 2025 00:00:00 +0530 Mon, 23 Feb 2026 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766752 ITAT Delhi allowed the appeal and set aside CIT(E)'s rejection of Form 10AB for approval under Section 80G(5)(iii). The Trust had obtained provisional approval on 02.10.2021 for period ending AY 2024-25 and filed final approval application on 21.09.2023, which was within the prescribed six-month time limit before provisional approval expiry. ITAT held the Trust was not migrating from old to new regime since its previous approval had lapsed in 2009 and remained unrenewed until 2021. The matter was remitted back to CIT(E) for fresh consideration on merits, treating the application as timely filed. Case-Laws Income Tax Fri, 24 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766752