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2024 (4) TMI 95 - ORISSA HIGH COURTDenial of registration u/s 12AB - filing Form-10A in wrong section code - allegation of Denial of principles of natural justice - HELD THAT:- Managing Trustee of Parmeswari Bai Memorial Trust has furnished explanation sought for regarding Form-10A. Though, the explanation is stated to have been furnished to the Commissioner of Income Tax (Exemption), Income Tax Department, Hyderbad, the same has not been considered in its proper prospective by assigning reason, which is one of the essential facets of principles of natural justice. However, vide order passed by the CIT (Exemption), Hyderabad, the application of the Petitioner-Assessee for registration under Section 12AB of the Income Tax Act stood rejected. In the circumstances, the order passed being without reason as is apparent from the record, stands set aside and it is directed that the application for registration u/s 12AB is restored for reconsideration by the CIT (Exemption), Hyderabad.
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