ARULJOTHI CHARITABLE TRUST,POLLACHI vs. CIT EXEMPTIONS, CHENNAI

Aggrieved by rejection of an application filed in Form No.10AB seeking registration u/s 12A(1)(ac)(ii) by Ld. Commissioner of Income Tax (Exemption) vide impugned order dated 05-03-2024, the assessee is in further appeal before us. The application has been rejected on the technical ground that the assessee ought to have applied under clause (ii) instead of clause (iii). Aggrieved, the assessee is in further appeal before us.

The Ld. AR has submitted that, by inadvertent mistake, the applicable clause was picked as clause (iii) instead of clause (ii). The Ld. AR, therefore, submitted that the application may be considered under correct clause (ii). 3. Accepting the aforesaid submissions, we direct Ld. CIT(E) to consider the aforesaid application under applicable clause and adjudicate the application on merits. The assessee is directed to substantiate the same. 4. The appeal stands allowed for statistical purposes. Order pronounced on 21st May, 2024.