ITAT Condoned Delay, Allows Rectification of Procedural Error in 12AB Registration

Britg Foundation Vs CIT (ITAT Visakhapatnam)

The case of Britg Foundation vs. CIT (ITAT Visakhapatnam) addresses the rejection of an application for registration under section 12AB of the Income Tax Act, 1961, and the subsequent cancellation of an earlier provisional registration. The assessee, Britg Foundation, had initially filed an e-application in Form 10A seeking registration. During this process, they inadvertently selected the incorrect section code, opting for section 12A(1)(ac)(i) instead of 12A(1)(ac)(vi). The latter was the appropriate choice given that the foundation di

Please become a Premium member. If you are already a Premium member, login here to access the full content.