Denial of permanent registration to existing trust on allegation of belated application unjustified

Gajanana Charitable Trust Vs CIT (ITAT Cochin) ITAT Cochin held that denial of registration u/s. 80G to the existing trust alleging belated filing of application applying sub clause (iii) of proviso to section 80G(5) unjustified as the same apply to newly formed trust only. Facts- The assessee was granted provisional approval u/s 80G of the Act dated 18.10.2021 in Form 10AC u/s. 80G(5)(iv) of the Act. Subsequently the assessee has applied for permanent registration in Form 10AB under clause (iii) to sub-section (5) of section 80G of the Act dated 24.09.2023. Admittedly, the trust was establish...