Section 12AB Registration Can’t Be Cancelled for Procedural Lapses Alone

Earth Charitable Foundation Vs CIT Exemption (ITAT Pune) 12AB Registration Can’t Be Cancelled for Procedural Lapses Alone: ITAT Pune Condones 124-Day Delay & Restores Matter to CIT(E) Pune ITAT  condoned a delay of 124 days in filing the appeal and set aside the order of the CIT(E) rejecting the Trust’s application for registration u/s 12A(1)(ac)(iii) and cancelling its provisional registration. The Tribunal noted that the delay occurred due to bona fide reasons, including confusion arising from multiple applications filed in Form 10AB and rejection of one application due to an inadve...