2025 (9) TMI 567

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....VINAY BHAMORE, JM: This appeal filed by the assessee is directed against the order dated 09.12.2024 passed by Ld. CIT, Exemption, Pune rejecting the application for registration u/s 12AB of the IT Act. 2. Facts of the case, in brief, are, that the assessee filed application for registration in Form No.10AB under clause (iii) of section 12A(1)(ac) of the IT Act on 27.06.2024. With a view to v....

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....y been cancelled by order dated 16.03.2024, therefore the assessee is not entitled for registration under the provisions of clause (iii) of section 12A(1)(ac) of the IT Act. The assessee furnished its reply. Not being satisfied with the explanation furnished by the assessee in response to notice dated 21.11.2024, Ld. CIT, Exemption, Pune rejected the application for registration u/s 12AB of the IT....

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....ration u/s 12AB r.w.s. 12A(1)(ac) of the IT Act. CBDT also gave another opportunity to assessees to reapply for registration u/s 12AB r.w.s. 12A(1)(ac) of the IT Act whose application u/s 12AB r.w.s. 12A(1)(ac) of the IT Act was already rejected earlier. Ld. AR contended that the assessee was permitted to reapply for registration in the light of above circular and therefore Ld. CIT, Exemption, Pun....

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.... wherein another opportunity was provided to all the assessees to file fresh application for registration u/s 12AB r.w.s. 12A(1)(ac) of the IT Act, whose application was rejected earlier. Accordingly, we find force in the above arguments of Ld. Counsel of the assessee that the second application for registration u/s 12AB r.w.s. 12A(1)(ac) of the IT Act was furnished in the light of CBDT Circular a....