ITAT grants Trust Second chance to Prove Genuineness of Activities, remands Registration Application to CIT(E) [Read Order]
The tribunal found that the issues raised by the CIT(E) were curable and allowed the trust another opportunity to address the concerns regarding its registration and financial records
The Jaipur Bench of Income Tax Appellate Tribunal ( ITAT ) granted Trust a second chance to prove the genuineness of its activities and remanded the registration application under Section 12AB of Income Tax Act,1961,back to the Commissioner of Income Tax (Exemption) (CIT(E)). Aacharya Shri Hira Laxmi Guru Jain, the appellant-assessee, had filed an online…
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