2025 (9) TMI 501

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....ng registration under section 12A of the Income Tax Act, 1961 [hereinafter referred to as "the Act"] was rejected and the provisional registration earlier granted was cancelled. Facts of the case 2. The assessee is a charitable trust registered under the Bombay Public Trust Act, 1950 vide registration No. F/1209, Ahmedabad dated 05.03.1987. The assessee was earlier granted registration under section 12A of the Act. The assessee was also granted provisional registration on 23.06.2022. The assessee filed an application for registration of trust under section 12A of the Act in Form No. 10AB, accompanied with audit reports, audited balance sheet, profit and loss account for the preceding three years. 3. Thereafter, the CIT(E) issued no....

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.... 6. The learned Authorised Representative submitted that the trust is a genuine charitable organisation registered since 1987 under the Bombay Public Trust Act and has already been granted registration under section 12A earlier. The AR emphasised that the assessee is engaged in the activity of manufacturing and trading in Khadi and allied products, which are genuine charitable activities. This is supported by audited financial statements. The AR further submitted that the subsequent notices dated 04.09.2024 and 24.10.2024 were not properly attended to, as the trustees were inexperienced in handling electronic communications and portal compliance. The non-compliance was therefore inadvertent and not deliberate. 7. It was submitted that re....