Procedural Lapse Cannot Deny U/s 12A Registration: ITAT Pune

Jagruti Public Charitable Trust Vs ITO (ITAT Mumbai) ITAT Pune: Procedural Lapse Cannot Deny 12A Registration – Matter Remanded for Fresh Consideration The assessee trust applied for registration under section 12A and approval under section 80G, which were rejected by the CIT(E) citing doubts on genuineness of activities and violation of section 36A of the Maharashtra Public Trust Act due to taking loans without prior approval. The trust explained that loans were taken from trustees to meet operational needs due to delay in government funding, were fully utilized for charitable purposes, and...