ITAT Directs CIT(E) to Reconsider Section 12AB Registration, Allowing Defect Cure

Nidhivan Foundation Bangan Ka Nangla Vs CIT-Exemption (ITAT Jaipur) The Income Tax Appellate Tribunal (ITAT) Jaipur has remanded the case of Nidhivan Foundation Bangan Ka Nangla back to the Commissioner of Income Tax (Exemptions) [CIT(E)] for reconsideration. The foundation had appealed against the rejection of its application for registration under Section 12AB and 80G of the Income Tax Act, 1961. The primary reasons cited for rejection were the foundation’s non-registration under the Rajasthan Public Trust Act, benefit to interested persons, and alleged non-genuineness of activities. Howev...