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May 2024

The Tribunal has the power to condone the delay in filing the application for final approval under clause (iii) of the first proviso to section80G (5)

By Jagdish T Punjabi, Chartered Accountant
Devendra Jain & Aditya Bhatt, Advocates
Reading Time 2 mins

6 Swachh Vapi Mission Trust vs. CIT(Exemption)

ITA No.:583 / Srt / 2023

Date of Order: 11th March 2024

Section 80G

The Tribunal has the power to condone the delay in filing the application for final approval under clause (iii) of the first proviso to section80G (5)

FACTS

The assessee trust was formed on 15th March, 2021. The assessee received donations / other income of ₹40,401 and spent formation expenses (advocate fees) and other general expenses in FY 2021–22. However, it entered into a service agreement in furtherance of its objects only on 7th November, 2022.

It was granted provisional approval under section 80G on 6th April, 2022 under clause (iv) of the first proviso to section 80G(5) for the period commencing from 6th April, 2022 to AY 2025â

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