Assessee filed an application for approval under section 80G(5) on 26-9-2023.Commissioner (E) held\u00a0 that activities of assessee had commenced in 1986, hence assessee was liable to make application for approval under section 80G(5) on or before 30-6-2021 which was extended to 30-9-2022 by various circulars of CBDT. He\u00a0 rejected\u00a0 the\u00a0 application on ground that it was filed beyond statutory time limit. On appeal the Tribunal held that\u00a0 the assessee had provisional approval under section 80G(5) upto assessment year 2024-25.\u00a0 As\u00a0\u00a0 per proviso to section 80G(5) time limit where assessee had already received provisional approval is six months before expiry of provisional approval or within six months of commencement of its activities whichever is earlier. Since the\u00a0 assessee had made application in Form 10AB on 26-9-2023,which is\u00a0 within prescribed time limit and thus, it was valid application. Therefore Commissioner (E) is\u00a0 directed to treat application as filed within statutory time and verify assessee’s eligibility as per Act. Matter is\u00a0 remanded to the file of CIT(E).<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 80G : Donation-Time limit for applying for regular registration-Provisional application up to Assessment year 2024-25-Application in Form 10AB within six months before expiry of provisional approval-Application is within prescribed time limit-Matter is remanded to the file of CIT(E). [S.80G(5)]<\/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-51198","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-djM","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51198","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=51198"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51198\/revisions"}],"predecessor-version":[{"id":51199,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51198\/revisions\/51199"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=51198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=51198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=51198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}