Assessee filed its application for registration u\/s 12AB in form no. 10AB. The Commissioner asked the assessee to furnish the details of activities to be carried out by assessee and also the details of documents as prescribed under rule 17A(2).\u00a0 The assessee failed to file the documentary evidences to satisfy\u00a0 the genuineness of its activities and to verify acitivities were in consonance with its objects. The commissioner rejected the application\u00a0 . On appeal the\u00a0 ITAT held that the assessee failed to satisfy\u00a0 the genuineness of the activities carried out by the assessee and\u00a0 the Commissioner is justified in rejecting\u00a0 the\u00a0 application. Appeal of the\u00a0 assessee is dismissed . . ( AY. 2023-24 )<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 12AB: Procedure for fresh registration -Genuineness of activities – Failure to file documentary evidences to verify the activities in consonance with its objects \u2013 Rejection of application is held to be justified .[ S. 12A(1), R. 17A(2), Form No .10AB ] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-39590","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aiy","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=39590"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39590\/revisions"}],"predecessor-version":[{"id":39591,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39590\/revisions\/39591"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}