KKVIANS VASUNDHARA FOUNDATION KOLHAPUR,KOLHAPUR vs. CIT EXEMPTION, PUNE

Facts

The assessee, KKVians Vasundhara Foundation, applied for approval under section 80G of the Income Tax Act. The Ld. CIT(Exemption) issued multiple notices for information and clarification to verify the genuineness of its activities. However, the assessee failed to comply with these notices despite repeated opportunities, leading to the rejection of the 80G application and cancellation of provisional approval.

Held

The Tribunal noted the assessee's persistent non-compliance with the statutory notices issued by the CIT(E). Upholding the CIT(E)'s decision, the Tribunal found no reason to take a contrary view, thus confirming the rejection of the 80G approval. The appeal filed by the assessee was consequently dismissed.

Key Issues

Whether the rejection of the application for approval under section 80G of the Income Tax Act was justified due to the assessee's persistent non-compliance with requests for information and clarifications.