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Case Law Details

Case Name : Universe Art Foundation Vs CIT (Exemption) (ITAT Bangalore)
Related Assessment Year : 2025-26
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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

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CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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