2025 (7) TMI 760

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....CIT-D.R. ORDER PER : NARENDRA PRASAD SINHA, ACCOUNTANT MEMBER This appeal is filed by the assessee against the denial of approval u/s. 12A(1)(ac)(vi) of the Income Tax, 1961 vide order dated 17/03/2025 passed by Commissioner of Income Tax (Exemption), Ahmedabad [in short the CIT(E)]. 2. The following grounds have been taken in this appeal: - 1. The Ld. CIT (Exemption), Ahmedabad had erred in....

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....filing Form 10AB under the relevant provisions of the Income Tax Act, 1961. This lack of access to adequate professional support led to inadvertent errors in the application. 4. The order passed by Ld. CIT is bad in law and contrary to the provisions of law and facts. It is submitted that the same be held so now. 5. Your appellant craves leave to add, alter and/or to amend all or any of the gr....

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.... a remote location and there was no proper professional guidance available. The Ld. AR submitted that the assessee may be allowed an opportunity to rectify the mistake in the application and the matter may be set aside to the file of Ld. CIT(E) with a direction to re-adjudicate the issue. 4. Per contra, Shri Alpesh Parmar, the ld. CIT-D.R. submitted that the Ld. CIT(E) had rightly rejected the ap....

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....n (1) of section 12A" was wrongly quoted in the application in place of correct section code "sub-section (iii) of clause (ac) of sub-section (1) of section 12A" of the Act. A copy of order dated 23.09.2021 of the provisional registration allowed to the assessee has been brought on record. It is found there from that the assessee was allowed provisional registration under subsection (vi) of clause....