Provisional Registration Copy Not Mandatory for Section 12AB: ITAT Nagpur

Indian Institute of Fire Engineering Vs ITO (ITAT Nagpur) Income Tax Appellate Tribunal (ITAT), Nagpur Bench, has set aside an order by the Commissioner of Income Tax (Exemption) [CIT(E)], Pune, that rejected an application for regular registration under Section 12AB of the Income Tax Act, 1961. The CIT(E) had dismissed the application primarily because the assessee, Indian Institute of Fire Engineering, failed to submit a copy of its provisional registration order under Section 12AB. The ITAT found this reasoning to be “hollow and baseless,” directing the CIT(E) to reconsider the ...