Aket Foundation vs. CIT Exemption

Parties Involved

Facts Summary

The assessee, Aket Foundation, filed an application for registration under section 12AB of the Income Tax Act, 1961. The CIT(Exemption) issued notices to the assessee seeking various clarifications and documents to verify the genuineness of the activities and compliance with other laws. The assessee provided responses, but the CIT(Exemption) found discrepancies and rejected the application, canceling the provisional registration. The assessee appealed against this order, contending that they were not given adequate opportunity to substantiate their case.…

Legal Issues

• 1. Whether the CIT(Exemption) erred in rejecting the application for registration without affording the assessee an opportunity to be heard.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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