2025 (7) TMI 17

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....AB of the Act. 2. Facts of the case, in brief, are that the assessee filed an application in Form No.10AB on 31.08.2024 for registration of the trust under clause (iii) of section 12A(1)(ac) of the Act. With a view to verify the genuineness of the activities of the assessee and compliance to requirements of any other law for the time being in force by the trust / institution as are material for the purpose of achieving its objects, a notice was issued through ITBA portal on 17.10.2024 requesting the assessee to upload certain information / clarification. The assessee was also requested to submit the compliance by 04.11.2024. Since the assessee did not comply to the said notice, another opportunity was granted by the Ld. CIT(E) vide lette....

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....as are material for the purpose of achieving its objects. Therefore, the undersigned has left no alternative but to reject the application. 9. Without prejudice to the above, it is seen that trust has obtained provisional registration in form 10AC under item (A) on 01/04/2024 However, it is seen that the trust's activities were commenced much before the said date. Therefore, said provisions of sec. 12A(1)(ac)(vi)(A) of the Act are not applicable to the assessee's case. 10. In view of the above, the application filed by the assessee is hereby rejected and the provisional registration granted on 01/04/2024 under Item (A) of sub- clause (vi) of clause (ac) of sub-section (1) of section 12A of the Income Tax Act, 1961 ....