ITAT Rajkot Set Aside 80G Approval Denial for Ignoring 5% Religious Spend Limit

Umiya Mataji Ishver Ramji Annakshetra Trust Vs CIT (Exemption) (ITAT Rajkot) The Income Tax Appellate Tribunal, Rajkot dealt with an appeal against the rejection of an application filed in Form 10AB seeking approval under Section 80G(5)(iii) of the Income-tax Act, 1961. The application had been rejected by the Commissioner of Income Tax (Exemption), Ahmedabad, on the ground that the assessee trust was not a purely charitable trust and had violated Section 80G(5)(ii), as some of its objects were religious in nature. The authority treated the trust as a religious-cum-charitable trust and held th...