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Income Tax - Highlights / Catch Notes

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Refusing to grant recognition u/s 80G - genuineness of the ...

Income Tax

May 1, 2020

Refusing to grant recognition u/s 80G - genuineness of the activities for grant of approval u/s 80G[5](vi) cannot be verified - Reasons cited by Ld. CIT(E)(supra), are not the requirements mandated by provisions of the act, and cannot be the basis for rejection of assessee’s application for recognition u/s 80G.

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