Sri. Ramakrishna Sevasrama Pavgada Radhalakshmi Nivas, , Tumkur V. The Commissioner of Income Tax, (Exemptions), Bangalore

ITA 860/BANG/2024

• Counselvise Citation: [2024] 101 COUNSELVISE.COM (IT) 6521 (ITAT-BANGALORE)
• Duration Of Justice: 1 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-06-2024
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: B
• Next Hearing Date: 05-06-2024
• Assessment Year: misc
• Appeal Filed On: 06-05-2024
• Result in Favour of: Matter Remanded
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH : BANGALORE BEFORE SMT. BEENA PILLAI, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER ITA No.860/Bang/2024 Assessment year : N.A. Sri Ramakrishna Sevasrama Pavagada, Radhalakshmi Nivas, K.R. Extension, Pavagada, 561 202 Tumkur. PAN : AAATS 3281M Vs. The Commissioner of Income Tax (Exemptions), Bangalore. APPELLANT RESPONDENT Appellant by : Shri H.V. Gowthama, CA Respondent by : Shri Senthil Kumar N, CIT(DR)(ITAT), Bengaluru. Date of hearing : 06.06.2024 Date of Pronouncement : 13.06.2024 O R D E R Per Laxmi Prasad Sahu, Accountant Member This appeal is filed by the assessee against the order dated 02.04.2024 of the CIT(Exemptions), Bangalore rejection registration u/s. 12AB. 2. The brief facts are that provisional registration u/s. 12AB was granted in Form 10AC dated 24.09.2021 for AY 2022-23 to 2024-25 and the assessee filed application in Form 10AB dated 31.10.2023 for registration u/s. 12AB of the Act for regularization. The CIT(Exemptions) noted that the application in form 10AB was filed ITA No.860/Bang/2024 Page 2 of 3 belatedly by the assessee as per section 12A(1)(ac)(iii) of the Act and denied registration u/s 12AB of the Act. 3. The ld. AR submitted that the CBDT has extended the due date for filing Form 10A/10AB vide press release dated 25.04.2024 till 30.6.2024. He therefore submitted that the issue should be sent back to CIT(Exemptions) for fresh consideration. 4. The ld. DR relied on the orders of lower authorities. 5. After hearing both the sides, we note that the CBDT has extended the due date till 30.6.2024 for filing Form 10AB vide Press release dated 25.4.2024 which is as under:- ITA No.860/Bang/2024 Page 3 of 3 6. From the above, it is clear that the assessee’s case is covered by the above CBDT press release. Therefore, the matter is remitted back to the ld. CIT(Exemptions) for fresh consideration and decision as per law. 7. In the result, the appeal is allowed for statistical purposes. Pronounced in the open court on this 13 th day of June, 2024. Sd/- s Sd/- ( BEENA PILLAI ) (LAXMI PRASAD SAHU ) JUDICIAL MEMBER ACCOUNTANT MEMBER Bangalore, Dated, the 13 th June, 2024. / Desai S Murthy / Copy to: 1. Appellant 2. Respondent 3. Pr.CIT 4. CIT(A) 5. DR, ITAT, Bangalore. By order Assistant Registrar ITAT, Bangalore.