ITAT Corrects Misinterpretation of Section 80G(5) Proviso by CIT(E): Assessee’s Timely Application for Final Registration Upheld

West Bengal Welfare Society Vs CIT(Exemption) (ITAT Kolkata) Introduction: The recent appeals filed by West Bengal Welfare Society at ITAT Kolkata address concerns related to registration under sections 12AA and 80G of the Income Tax Act. The society challenged the orders dated 27.06.2023, issued by the Commissioner of Income Tax (Exemption), Kolkata (CIT(E)), rejecting their applications for final registration. The appeals, ITA No.730/Kol/2023 and ITA No.731/Kol/2023, focus on issues pertaining to charitable institution status and eligibility for tax exemption. Detailed Analysis: 1. Applicati...