Section12A/12B Registration: ITAT Pune Grants Final Opportunity to Charitable Trust

Jalna Maheshwari Charitable Foundation Vs CIT (Exemption) (ITAT Pune) The appeal before the Pune Bench of the Income Tax Appellate Tribunal (ITAT) was filed by the Jalna Maheshwari Charitable Foundation against the rejection of its application for registration under Section 12A of the Income Tax Act, 1961. The case arose after the CIT (Exemption) Pune, on March 5, 2024, rejected the trust’s application for registration, as well as the provisional registration granted in February 2023, due to perceived discrepancies in the submitted details and non-compliance with prescribed requirements....