ITAT Jodhpur Restores Trust’s 12A Registration Applications After RPT Certificate Issued

Jain Swetamber TeerapanthMahila  Mandal Vs CIT (Exemption) (ITAT Jodhpur) The Income Tax Appellate Tribunal (ITAT), Jodhpur Bench, allowed the appeals of Jain Swetamber Teerapanth Mahila Mandal Vs CIT (Exemption), restoring the trust’s applications for registration and provisional registration under the Income Tax Act, 1961. Factual Background The assessee, a trust, had applied for both provisional and permanent registration with the Commissioner of Income-tax (Exemption), Jaipur. These applications were rejected due to the trust’s failure to comply with §12AB(1)(b)(i)(B) of the Act....