2025 (11) TMI 906

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....r the Respondent : Sh. Jitender Singh, CIT-DR ORDER PER AVDHESH KUMAR MISHRA, AM The appeal for the Assessment Year ('AY') 2025-26 filed by the assessee is directed against the order dated 11.11.2024 of the Commissioner of Income Tax (Exemption), New Delhi ['CIT(E)']. 2. Vide sole substantial ground, the assessee has challenged rejection of approval under section 80G(5)(iii) of the Inc....

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....istration dated 02.10.2021 from AY 2022-23 to A.Y 2026-27. However, on perusal of financials for FY 2022-23 and 2023-24, it is noticed that no charitable activity has been carried out by the applicant. The applicant has not carried out any charitable activity inspite of having Regular registration and provisional approval. 6. The applicant was asked to provide complete addresses of all th....

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....0.2021. The appellant assessee did not carry out any charitable activity in Financial Years 2022-23 and 2023-24 as it was not having any sufficient fund to do so, which was evident from its Income & Expenditure Accounts of these years. The Ld. Counsel drew our attention to the fact that the appellant assessee trust got its new appointed trustees; namely, Rajeev Dhawan, Mr. Girish Kumar Sidana and ....

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....dversely. His argument was that had the assessee failed in doing the charitable activities and violating any law of the land, etc. the approval under section 12A/12AB and 80G of the Act could be withdrawn/ discontinued/not renewed. Here, the registration of the assessee under the Act was in existence and was not cancelled/withdrawn, which showed that the appellant assessee was existing for charita....