https://www.taxtmi.com/caselaws?id=773589 ITAT Bangalore allowed the appeal of a trust seeking approval under Section 80G(5)(iii). The CIT(E) had denied approval citing surplus accumulation in FDs generating interest income and fee receipts not qualifying as donations. The ITAT held that for granting Section 80G approval, the authority must satisfy itself about genuineness of charitable activities and fulfillment of prescribed conditions. Since CIT(E) failed to produce material evidence showing activities were not genuine or conditions unfulfilled, the tribunal directed grant of approval as applied. en-us Tue, 17 Jun 2025 00:00:00 +0530 Wed, 25 Jun 2025 09:23:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773589 ITAT Bangalore allowed the appeal of a trust seeking approval under Section 80G(5)(iii). The CIT(E) had denied approval citing surplus accumulation in FDs generating interest income and fee receipts not qualifying as donations. The ITAT held that for granting Section 80G approval, the authority must satisfy itself about genuineness of charitable activities and fulfillment of prescribed conditions. Since CIT(E) failed to produce material evidence showing activities were not genuine or conditions unfulfilled, the tribunal directed grant of approval as applied. Case-Laws Income Tax Tue, 17 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773589