Section 12AB & 80G Rejection Set Aside – ITAT Holds ‘Proposed Activities’ Sufficient, Orders Fresh Consideration

KVG Memorial Trust Vs CIT (ITAT Bangalore) The Bangalore ITAT in the case of KVG Memorial Trust examined rejection of permanent registration u/s 12AB and approval u/s 80G, which was denied mainly on the ground that no charitable activities had yet commenced. The Tribunal first condoned the delay of 109 days, noting that the assessee had mistakenly filed a fresh application instead of appeal based on wrong advice, and acted promptly thereafter. On merits, the ITAT found that: The trust had already taken concrete steps (e.g., ₹75 lakh spent on leasing land) towards its objects, Activities had...