Delay in 12AB Filing Condoned as ITAT Mumbai Finds Reasonable Cause & Ignored Plea

Cartrade Foundation Vs CIT (ITAT Mumbai) The assessee filed appeals against two orders dated 24.09.2025 and 22.10.2025 passed by the Commissioner of Income Tax (Exemptions), Mumbai, rejecting its applications for registration under Sections 12AB and 80G of the Income Tax Act, 1961. The assessee had obtained provisional registration in Form No. 10AC on 31.12.2021, valid up to assessment year 2024–25. It filed an application in Form No. 10AB on 20.03.2025 seeking regularisation of this provisional registration. The Commissioner noted that the application should have been filed by the end of Se...