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2022 (12) TMI 544 - AT - Income TaxExemption u/s 11 - renewal of exemption u/s 80G - exemption denied as assessee filed incomplete Form No. 10G and failed to furnish the required documents as prescribed under Rule 11AA(2) - HELD THAT:- The case of the Assessee Trust that it were being enjoying exemption u/s 12AA of the Act for long time and also granted exemption u/s 80G(5) of the Act between 01.04.1998 to 31.03.2001. In order to make the renewal of exemption under Section 80G, the assessee filed incomplete Form No. 10G and failed to furnish the required documents as prescribed under Rule 11AA(2) of the Rules. We, therefore, deem it fit to restore the matter back to the file of the Ld. CIT(E) to reconsider the application filed by the assessee, provided the assessee submits all the required and relevant documents as prescribed under Form 10G and then pass order in accordance with law. Needless to say the assessee shall cooperate with the CIT(E) in the de novo proceedings. With this observation we dispose of the appeal and treat the same as allowed for statistical purpose.
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