Section 12A/80G Cannot Be Rejected Solely for Lack of Past Activity: ITAT Chandigarh

Pooja Foundation Vs CIT (Exemptions) (ITAT Chandigarh) Section 12A/80G Rejection for No Activity Set Aside; Proposed Subsequent Activities Must Be Examined – ITAT Chandigarh The ITAT, Chandigarh Bench held that registration u/s 12A & 80G cannot be denied merely because activities had not substantially commenced by the date of application. The CIT(E) had rejected registration on the premise that only a single bhandara donation was claimed and it was not reflected in bank statements, and consequently denied 80G as well. Before the Tribunal, the assessee produced bank statements, explan...