https://www.taxtmi.com/caselaws?id=770349 ITAT Jaipur allowed the appeal for statistical purposes in a case where revenue rejected applications under sections 12A(1)(ac)(vi)(B) and 80G(5)(iv)(B), alleging the assessee conducted business activities under the guise of charity and siphoned institutional funds. The tribunal found evidence of genuine trust activities and proper fund utilization for stated objectives. Adopting a lenient view, ITAT remanded the matter to CIT(E) for fresh adjudication, directing adequate hearing opportunity and requiring the assessee to submit demanded documents for trust registration under section 12AB. en-us Wed, 07 May 2025 00:00:00 +0530 Fri, 09 May 2025 09:12:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770349 ITAT Jaipur allowed the appeal for statistical purposes in a case where revenue rejected applications under sections 12A(1)(ac)(vi)(B) and 80G(5)(iv)(B), alleging the assessee conducted business activities under the guise of charity and siphoned institutional funds. The tribunal found evidence of genuine trust activities and proper fund utilization for stated objectives. Adopting a lenient view, ITAT remanded the matter to CIT(E) for fresh adjudication, directing adequate hearing opportunity and requiring the assessee to submit demanded documents for trust registration under section 12AB. Case-Laws Income Tax Wed, 07 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770349