Statutory Deadline Interpreted Flexibly: Pune ITAT Sets Aside Technical Rejection of 80G Application

Action For Impact Foundation Vs CIT (ITAT Pune) Summary: The Income Tax Appellate Tribunal (ITAT) Pune has set aside the rejection of an application for regular registration under section 80G(5) filed by the Action For Impact Foundation. The application, initially dismissed by the CIT (Exemption) for not being filed within the statutory timeline, was sent back for fresh adjudication by ITAT. The Tribunal noted that the delay in filing Form No. 10AB should not be fatal given the peculiar facts. The matter restored to the file of CIT(E) to reconsider it on merits, directing that the application ...