Time limit extension benefit available even for filing of Form No.10AB: ITAT Chennai

Shri Ramajayam Charitable Trust Vs ITO (ITAT Chennai) ITAT Chennai held that rejection of application in Form No. 10AB for seeking approval u/s. 80G(5)(iii) of the Income Tax Act by treating it as time barred under gist that CBDT circular no. 22/2022 dated 01.11.2022 didn’t provide extension of time limit is unjustified. Facts- The assessee is old trust continuing to exist since 14.07.2017. The assessee trust filed an application dated 17.03.2023 in Form 10AB under Rule 11AA of the Income Tax Rules, 1962, seeking approval under clause (iii) of first proviso to sub-section (5) of section 80G ...