Dismissal of application u/s. 80G(5) not justified in view of CBDT Circular 7/2024

Surat Sewa Foundations Vs CIT (Exemption) (ITAT Surat) ITAT Surat held that the application in Form No.10AB u/s 80G(5) of the Income Tax Act cannot be dismissed as barred by limitation in view of CBDT circular 7/2024 dated 25.04.2024. accordingly, matter remitted to the file of CIT(E). Facts- The assessee filed an application for registration/incorporation in Form No.10AB u/s 12A(1)(ac)(iii) of the Act on 27.10.2023. assessee failed to furnish required details/ documents as required by CIT(E) and hence the application filed in Form No. 10AB u/s 12A(ac)(iii) of the Act was rejected and provisi...