Matter remanded back as CIT(E) rejected Trust’s Registration for limited review of objectives

Machhi Mahajan Sports and Cultural Association Vs CIT (Exemption) (ITAT Surat) Conclusion: Tribunal ordered fresh consideration of an application for registration under Section 12AB as Commissioner of Income Tax(Exemption)[CIT(E)] rejected the application of registration on grounds of limited review of the trust’s objectives and had not given his finding on the objects and activities of assessee. Held: Assessee, filed an application for registration under Section 12AB. CIT(E) issued notices seeking explanations and audited accounts for FY 2022–23. CIT(E) in the show-cause notice observed ...