2025 (8) TMI 1026

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.... 28.09.2024. The assessee has raised following grounds of appeal: "1. The Commissioner of Income Tax (Exemption) [hereinafter referred to as the CIT(E)] erred in passing an order dated 28.09.2024 and thereby rejecting the registration under section 12AB of the Act while deciding the application in Form 10AB seeking approval under section 80G(5)(iii) of the Act without appreciating the facts and circumstances of the case. The order passed by the CIT(E) is not in accordance with the law. Thus, the same may be set aside. 2. The CIT(E) failed to appreciate that the Appellant has been granted a provisional registration under section 12A(1)(ac)(i) of the Act on 24.09.2021 and the same is valid from A.Y. 2022-23 till the A.Y. ....

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....posed of the application vide order dated 28.09.2024 wherein he rejected the registration u/s 12AB instead of deciding the application u/s 80G. 3. Aggrieved with the order of Ld. CIT(E), the assessee is in appeal before us. During the course of hearing, Ld. AR pointed out that the provisional registration granted u/s 12AB was valid from AY 2022-23 to AY 2026-27. However, the provisional approval u/s 80G was valid only upto 31.03.2024, the assessee, therefore, applied for regular approval u/s 80G of the Act vide application dated 30.03.2024. However, Ld. CIT(E) erroneously rejected its application for grant of registration u/s 12AB of the Act instead of deciding the application for approval u/s 80G. He, therefore, submitted that the order....