ITAT Kolkata Remands 80G Approval Case After CBDT Extends Filing Deadline

Navjyoti Education Society Matri Bhaban Vs CIT(Exemptions) (ITAT Kolkata) The Income Tax Appellate Tribunal (ITAT), Kolkata bench, has remanded the case of Navjyoti Education Society Matri Bhaban back to the Commissioner of Income Tax (Exemptions) [CIT(E)] for fresh reconsideration of its application for definitive approval under Section 80G(5)(iii) of the Income Tax Act. The Trust had initially been granted provisional 80G approval until Assessment Year (A.Y.) 2024-25. Subsequently, it filed the required application in Form 10AB on January 16, 2023. The CIT(E) rejected the application, deemin...