Trust Can Reapply for 80G Registration After CBDT Extends Form 10AB Deadline: Karnataka HC

CIT Vs CSP Foundation (Karnataka High Court) The Karnataka High Court dismissed an appeal filed by the Income Tax Department against the Income Tax Appellate Tribunal (ITAT) in the case of CIT vs. CSP Foundation. The core issue was the rejection of the CSP Foundation’s application for registration under Section 80G of the Income Tax Act, 1961. The application, filed on November 22, 2023, was initially rejected by the Commissioner of Income Tax (Exemptions) for being time-barred. The assessee appealed this decision to the ITAT. During the appeal’s pendency, the Central Board of Dire...