TaxTMI 
TaxTMI 
2023 (7) TMI 1451
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....ation under Section 12AB of the Income Tax Act, 1961 (in short, the Act). The assessee has raised following grounds of appeal: "1) On the facts and in the circumstances of the case and in law, the ld. CIT(Exemption) has erred to reject an application for registration merely due to mismatch the name of the trust in different documents. 2) In continuation to point No. 1, it is submitted that the appellant is in process to get correct name on record at every document of trust. 3) The Appellant urges to give an opportunity to put forth its case. 4) The appellant craves leave to add, amend, alter vary and/or withdraw any or all the above grounds of appeal." 2. Brief facts of the case are that the assessee is filed an application for reg....
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....assessee for want of compliance by holding that Section 12AB of the Act makes it clear that before granting registration, he has to satisfy himself about genuineness of the activities of the trust and to verify that activities are in consonance with object of the trust or institution. Aggrieved by the order of ld. CIT(E), the assessee has filed present appeal before this Tribunal. 3. We have heard the submissions of learned Authorized Representative (ld. AR) of the assessee and the learned Commissioner of Income Tax-Departmental Representative (ld. CIT-DR) for the revenue. The ld. AR of the assessee submits that the assessee furnished complete details while filing/uploading required details at the time of filing of application. The ld. AR ....
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....ed all the conditions and appeal of assessee may be allowed. 4. In alternative submission, the ld. AR of the assessee submits that the matter may be restored back to the file of ld. CIT(E) with direction to consider the application of assessee afresh and to pass he order in accordance with law. The ld AR for assessee submits that he is ready to make correction in the Form- 10AB and at other places with the satisfaction of ld CIT(E). 5. On the other hand, the ld. CIT-DR for the revenue submits that there was a mismatch in various documents. The assessee has given different name in Form- 10AB, which is not matching with the name mentioned in registration certificate as well as in trust deed or PAN. The ld. CIT(A) while rejecting application....