{"id":54281,"date":"2025-05-17T11:52:48","date_gmt":"2025-05-17T06:22:48","guid":{"rendered":"https:\/\/itatonline.org\/digest\/shri-kailash-math-trust-v-cite-2024-chambers-journal-march-114-punetrib-editorial-followed-in-saaksh-foundation-v-cite-2024-207-itd-671-mumtrib\/"},"modified":"2025-05-17T11:52:48","modified_gmt":"2025-05-17T06:22:48","slug":"shri-kailash-math-trust-v-cite-2024-chambers-journal-march-114-punetrib-editorial-followed-in-saaksh-foundation-v-cite-2024-207-itd-671-mumtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/shri-kailash-math-trust-v-cite-2024-chambers-journal-march-114-punetrib-editorial-followed-in-saaksh-foundation-v-cite-2024-207-itd-671-mumtrib\/","title":{"rendered":"Shri Kailash Math Trust v. CIT(E) (2024) Chamber\u2019s Journal-March 114 (Pune)(Trib) Editorial : Followed in Saaksh Foundation v. CIT(E) (2024) 207 ITD 671 (Mum)(Trib)"},"content":{"rendered":"<p>The Trust had commenced its activities from 4-3-1974. The assessee received provisional approval u\/s 80G(5) on 19-8-2022\u00a0 for the period up to AY. 2025-26. The Assessee Trust filed application for final registration\u00a0 in Form No. 10AB on 27-3-2023. The CIT(E) rejected the application on the ground that the application is\u00a0 barred by limitation. On appeal the Tribunal held that applying the Harmonious interpretation the time limit for applying for regular registration for existing trust is six months of the expiry of provisional registration.\u00a0 Accordingly the order of CIT(E) rejecting the application is set\u00a0 aside for de novo consideration. \u00a0Referred the budget speech\u00a0 of the FM, K.P. Varghese v. ITO (1981)131 ITR 597 (SC)\u00a0\u00a0\u00a0\u00a0\u00a0 (ITA No. 1177 \/Pun\/ 2023 dt. 5-1-2024)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80G : Donation-Existing Trust-Time limit for provisionally registered Trust for seeking regular registration-Harmonious interpretation-The time limit for applying for regular registration for existing trust is six months of the expiry of provisional registration. [S.12AA, 80G(5), Form 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-54281","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-e7v","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54281","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=54281"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54281\/revisions"}],"predecessor-version":[{"id":54282,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54281\/revisions\/54282"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=54281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=54281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=54281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}