Wrong Code in Form 10AB Cannot Defeat U/s 80G Registration: ITAT Restores Application

IIITB Innovation Centre Vs CIT (ITAT Bangalore) Wrong Code in Form 10AB Cannot Defeat U/s 80G Registration: ITAT Restores Application .The Bangalore ITAT held that an application for approval under section 80G cannot be rejected merely because the applicant selected an incorrect code in Form 10AB, without first being given an opportunity to rectify the mistake. The Tribunal restored the matter to the CIT(Exemptions) for fresh consideration. In this case, IIITB Innovation Centre had applied for 80G recognition through Form 10AB. The CIT(Exemptions) rejected the application on the ground that t...