ITAT Bangalore Set Aside Section 80G Denial for Lack of Adequate Opportunity

Universe Art Foundation Vs CIT (Exemption) (ITAT Bangalore) 80G Approval Denial Set Aside for Lack of Adequate Opportunity: ITAT Bangalore Restores Matter to CIT(E) ITAT Bangalore n set aside the rejection of approval u/s 80G(5) where the trust’s application in Form 10AB was rejected on the ground of non-furnishing of certain documents. Tribunal noted that the sole basis for rejection by CIT(E) was alleged non-submission of audit reports, bank statements & supporting evidences, while the assessee contended that it had appeared on the scheduled hearing date & submitted requisite detai...