Section 12AB Registration Denial Set Aside Due to Lack of Proper Opportunity

Maharishi Markendeya Sushrut Sewa Sansthan Vs CIT (Exemption) (ITAT Jaipur) The assessee appealed against an order dated 24.02.2024 by the CIT (Exemption), Jaipur, passed under section 12AB of the Income Tax Act, 1961, whereby its application for registration was rejected. The assessee raised three primary grounds: that the CIT(E) erred in denying approval under section 12AB; that the rejection was based on technical grounds and violated natural justice; and that the CIT(E) was incorrect in concluding that the assessee failed to substantiate the genuineness of its activities. At the outset, th...