Charitable Status Reconsideration Ordered as Fee-Based Activities Alone Not Grounds for 12AB Rejection

Tamil Nadu Maritime Board Vs ITO (ITAT Chennai) The appeal was filed by Tamil Nadu Maritime Board against the order of the Commissioner of Income Tax (Exemptions), Chennai dated 29.09.2025, rejecting its application for registration under Section 12AB of the Income Tax Act, 1961. The assessee is an agency of the Government of Tamil Nadu established under the Tamil Nadu Maritime Act, 1995, responsible for regulation and maintenance of minor ports. It had earlier obtained provisional registration under Section 12AB and claimed exemption under Section 11 for assessment years 2023–24 and 2024–...