BAM VIVEKANANDA PRIMARY TEACHERS TRAINING COLLEGE. ,BURDWAN vs. CIT(EXMP), KOLKATA. , KOLKATA

This is an appeal preferred by the assessee against the order of the Ld. Commissioner of Income Tax (Exemption)-Kolkata (hereinafter referred to as the Ld. CIT(A)”] dated 11.07.2023 for the AY NA.

At the outset we note that there is delay of 3 days in filing the appeal by the appellant. After hearing both the sides we find that the delay in filing the appeal is for 2 Assessment Year: NA Bam Vivekananda Primary Teachers Training College sufficient reasons and therefore we are inclined to condone the delay in filing the appeal by the admitting the same for adjudication.

The only issue raised by the assessee is against the order of Ld. CIT(E) holding that the application of the assessee filed for registration u/s 12A(1)(ac)(iii) of the Act in Form 10AB was not maintainable thereby rejecting the registration to the appellant.

Facts in brief are that the assessee is an existing trust and has been granted registration u/s 12A of the Act on 30.09.2021 which was effective from 1.04.2022. The assessee was also granted registration u/s 80G of the Act vide order dated 30.11.2021 which was effective on and from 31.11.2021. Thereafter the assessee applied for permanent registration in Form 10AB u/s 12A(1)(ac)(iii) of the Act. However the Ld. CIT(E) dismissed the same as non-maintainable by citing the same to be premature as earlier order in Form 10AC is still valid till A.Y. 2026-27. The provisions of section 12A(1)(ac)(iii) of the Act provide that where the trust or institution has been provisionally registered u/s 12AA o the Act, at least six months prior to expiry of period of provisional registration or within six months of the commencement of its activities, whichever is earlier ,an application in the prescribed form and manner to the Ld. CIT(E) shall be made for registration.