Section 80G Approval: ITAT Remands Case as Delay Condonation Petition Pending Before CBDT

Unico Charitable Trust Vs CIT (Exemptions) (ITAT Chennai) The Income Tax Appellate Tribunal (ITAT) in Chennai has restored a case involving the Unico Charitable Trust back to the Commissioner of Income Tax (Exemptions) [CIT(E)] for a re-evaluation. The case pertains to the trust’s application for regular approval under Section 80G of the Income Tax Act, which was rejected by the CIT(E) due to a 90-day delay in filing the required Form 10AB. The Unico Charitable Trust, which had previously been granted provisional approval, was required to file Form 10AB by September 2024. However, the tr...