Section 12A Registration denial: ITAT grants one more opportunity to Appellant

Kalyan Riverside Charitable Foundation Vs CIT Exemption Pune (ITAT Mumbai) Introduction: The Income Tax Appellate Tribunal (ITAT) in Mumbai recently addressed the appeals of Kalyan Riverside Charitable Foundation against the orders related to their registration under sections 12A and 80G of the Income Tax Act. The decision illuminates the critical importance of providing a reasonable opportunity of being heard to an assessee. Analysis: The appeal emerges from the Commissioner of Income Tax Exemption’s actions where the Foundation’s application for registration was rejected. Despite...