2025 (5) TMI 750

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.... of first proviso to sub-section (5) of section 80G of the IT Act on 16.02.2024. With a view to verify the genuineness of activities of the assessee and fulfilment of conditions laid down in clause (i) to (v) of section 80G(5) of the IT Act, a notice was issued through ITBA portal on 01.05.2024 requesting the assessee to upload certain information/clarification on or before 17.05.2024. The assessee in response to above notice furnished desired information as mentioned in the notice. After verifying these details, Ld. CIT, Exemption, Pune found certain discrepancies and asked for their clarification on or before 29.08.2024. Ld. CIT, Exemption, Pune also observed that the application for approval u/s 80G(5) was filed under sub-clause (B) of c....

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....idence/ explanations in support of the application for approval u/s 80G of the IT Act. 4. Ld. DR appearing from the side of the Revenue supported the order passed by Ld. CIT, Exemption, Pune & requested to confirm the same. 5. We have heard Ld. Counsels from both the sides and perused the material available on record including the paper-book furnished by the assessee. We find that due to mentioning of wrong section code & since Ld. CIT, Exemption, Pune was not satisfied with the reply of the assessee the application for approval u/s 80G(5) of the IT Act was rejected by observing as under :- "10. Considering the above, and since the assessee's activities were already commenced at the time of filing the present application and it has ....