Case Law Details
Kai Vaijanath Channappa Darde Vaidyakiya Research Centre Vs CIT (ITAT Pune)
Introduction: The Income Tax Appellate Tribunal (ITAT) Pune recently addressed the case of Kai Vaijanath Channappa Darde Vaidyakiya Research Centre’s appeal. The appellant sought registration under section 12A(1)(ac) of the Income Tax Act, which was rejected by the Commissioner of Income Tax (Exemption), Pune (CIT(E)). This article explores the details of the case and the ITAT’s decision to remit the matter back to CIT(E) for de-novo consideration.
Detailed Analysis:
1. Background of the Case: Kai Vaijanath Channappa Darde Vaidyakiya Research Centre filed an application seeking regular/final registration under section 12AB of the Income Tax Act. The application was made in accordance with section 12A(1)(ac)(vi) of the Act.
2. CIT(E)’s Rejection: The registering authority, i.e., CIT(E), rejected the application in the absence of sufficient evidence to establish the genuineness of the activities of the assessee.
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