Audacious Dreams Foundation vs. The Commissioner of Income Tax (Exemptions), Chennai

Parties Involved

Facts Summary

The present appeal arises from the order of the Learned Commissioner of Income Tax (Exemptions), Chennai, dated 21.06.2025, rejecting the assessee's application seeking approval under Section 80G of the Income Tax Act, 1961. The assessee filed the application on 05.11.2024, which was rejected as not maintainable due to a delay of 128 days beyond the due date specified in CBDT Circular No.7/2024 dated 25.04.2024. The assessee argued that the application should be considered under the amended provisions of Section 80G(5) which allow an assessee to apply for approval at any time after commencement of activities.…

Legal Issues

• 1. Whether the application filed by the assessee seeking approval under Section 80G is maintainable despite the delay.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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