CIT(E) must evaluate reasonable cause to condone delay in filing Form 10AB for registration.
CIT(E) must evaluate reasonable cause to condone delay in filing Form 10AB for registration. Issue Whether the CIT(E) was justified in rejecting an application for regularization of provisional registration (Form 10AB) solely on the ground of limitation without considering the statutory power to condone delay under Section 12A(1)(ac). Facts The assessee, a charitable trust/institution, was… Read More »