SARYUBEN HARENDRAKUMAR SUKHADIA PUBLIC CHARITABLE TRUST,ANAND vs THE COMMISSIONER OF INCOME TAX (EXEMPTION), AHMEDABAD

Income Tax Appellate Tribunal, “C” BENCH, AHMEDABAD

Before: MS. SUCHITRA KAMBLE & SHRI NARENDRA PRASAD SINHA

For Appellant: Shri Snehal Sukhadia, Shri Kamlesh Makwana, CIT- DR

For Respondent: Shri Kamlesh Makwana, CIT- DR

Hearing: 29/05/2024Pronounced: 04/06/2024

This appeal is filed by the assessee against the order of the Commissioner of Income Tax (Exemption), Ahmedabad, (in short ‘the CIT(E)’) dated 24.01.2024, rejecting the application for approval u/s. 80G(5)(iii) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’).

(Saryuben Harendrakumar Sukhadia Public Charitable Trust vs. CIT(E)) - 2 –

The assessee has raised the following grounds in this appeal:

1. On the facts and in the circumstances of the case and in law, the learned CIT has erred in rejecting the application filed by the Appellant Trust on the ground that the application filed in Form 10AB has not been filed within time limit prescribed and therefore it is non- maintainable. The action of Ld. CIT of rejecting the application filed u/s 80G(5) of the Act is incorrect and unlawful and the approval u/s. 80G(5) of the Act ought to have been granted to the Appellant Trust.

2. On the facts and in the circumstances of the case and in law, the learned CIT has erred in rejecting the application filed u/s 80G(5)(iii) of the Act stating that the delay in filing of application cannot be condoned by the CIT. It is submitted that there is no delay in filing of Application u/s 80G(5)(iii) and the same has been filed within the time limit as prescribed under the provisions of clause (iii) of first proviso to section 80G(5)

3. On facts and circumstances of the case, it is prayed before your Honours that the application filed in Form 10AB u/s 80G(5)(iii) of the Act dated 2 August 2023 may please be accepted and necessary directions may please be given to Ld. CIT for granting approval u/s 80G(5)(iii) considering merits of the case. The order passed by the learned CIT rejecting the application of the Appellant Trust for registration under section 80G is bad in law and contrary to the provisions of law.

4. On facts and circumstances of the case, it is prayed before your Honours that the Commissioner of Income lax (Exemption) rejected the claim without issuing a specific show cause notice which is essential following the principle of natural justice and judicial pronouncement thereof.

Shri Snehal Sukhadia, the Ld. AR of the assessee informed in the course of hearing that the time limit for making fresh application u/s. 80G(5)(iii) of the Act by filing Form No. 10AB has been extended by the CBDT vide Circular No. 7/2024 dated 25th April, 2024. That a letter dated 21th May, 2024 has also been filed informing that assessee will exercise the option for (Saryuben Harendrakumar Sukhadia Public Charitable Trust vs. CIT(E)) - 3 – filing new application for the registration in view of the Circular No.7 of the CBDT and has requested that the impugned appeal may be allowed to be withdrawn. The Ld. DR has no objection to withdrawal of the appeal.

We have carefully considered the request of the assessee. The CIT(E) had rejected the application of the assessee for approval u/s. 80G(5)(iii) of the Act for the reason that the application was not filed within the time limit as prescribed under the Act. As per Circular No.7/2024 dated 25th April, 2024, issued by CBDT another opportunity for grant of approval u/s. 80G(5)(iii) of the Act has been provided by extending time limit for filing the application in Form No. 10AB till 30.06.2024. The assessee has also submitted that it will exercise the option of filing new application for registration within this extended time limit. In view of extension of time limit for filing fresh application for approval u/s. 80G(5)(iii) of the Act till 30.06.2024, which the assessee is going to avail as per Circular No.7 of CBDT, the present appeal has become infructuous and is liable to be dismissed. Accordingly, the appeal is allowed to be withdrawn and is treated as dismissed. (Saryuben Harendrakumar Sukhadia Public Charitable Trust vs. CIT(E)) - 4 –

In the result, appeal preferred by the assessee is dismissed.

This Order pronounced on 04/06/2024

Sd/- Sd/- (MS. SUCHITRA KAMBLE) (NARENDRA PRASAD SINHA) JUDICIAL MEMBER True Copy ACCOUNTANT MEMBER Ahmedabad; Dated 04 /06/2024 Rajesh आदेश क� �ितिलिप अ�ेिषत/Copy of the Order forwarded to : 1. अपीलाथ� / The Appellant ��यथ� / The Respondent. 2. 3. संबंिधत आयकर आयु� / Concerned CIT आयकर आयु�(अपील) / The CIT(A)- 4. 5. िवभागीय �ितिनिध, आयकर अपीलीय अिधकरण, अहमदाबाद / DR, ITAT, Ahmedabad गाड� फाईल / Guard file. 6. आदेशानुसार/ BY ORDER,

SARYUBEN HARENDRAKUMAR SUKHADIA PUBLIC CHARITABLE TRUST,ANAND vs. THE COMMISSIONER OF INCOME TAX (EXEMPTION), AHMEDABAD