https://www.taxtmi.com/caselaws?id=767315 The ITAT Jaipur allowed the assessee's appeal against denial of approval under section 80G(5). The assessee held valid registration under section 12AB(1)(ii)(B) and filed regularization application timely on 30.09.2023, having enjoyed provisional approval since 10.03.2022. The CIT(E) Jaipur wrongly rejected the application by applying incorrect legal principles. The tribunal held that sections 12AB and 80G are overlapping, with 12AB being the main provision. Once technical requirements of section 12AB are fulfilled, section 80G(5) compliances are deemed satisfied. The CIT(E)'s order was deemed absurd and based on preconceived notions. en-us Wed, 05 Feb 2025 00:00:00 +0530 Sat, 15 Mar 2025 08:41:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767315 The ITAT Jaipur allowed the assessee's appeal against denial of approval under section 80G(5). The assessee held valid registration under section 12AB(1)(ii)(B) and filed regularization application timely on 30.09.2023, having enjoyed provisional approval since 10.03.2022. The CIT(E) Jaipur wrongly rejected the application by applying incorrect legal principles. The tribunal held that sections 12AB and 80G are overlapping, with 12AB being the main provision. Once technical requirements of section 12AB are fulfilled, section 80G(5) compliances are deemed satisfied. The CIT(E)'s order was deemed absurd and based on preconceived notions. Case-Laws Income Tax Wed, 05 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767315