ITAT Chennai Allows Fresh Consideration of 80G Approval After Finance Act 2024 Amendment

Hirawat Foundation Vs CIT (Exemption) (ITAT Chennai) The appeal before the Income Tax Appellate Tribunal, Chennai Bench, concerned the rejection of an application for approval under Section 80G of the Income Tax Act, 1961 by the Commissioner of Income Tax (Exemptions). The impugned order dated 03.03.2025 rejected the assessee trust’s application filed in Form 10AB on the ground that it was submitted beyond the prescribed due date. At the outset, the Tribunal addressed a delay of 160 days in filing the appeal. The assessee trust filed an affidavit from the Managing Trustee explaining that an ...