ITAT Orders Reconsidering Trusts’  Registration, Imposes ₹10,000 Cost [Read Order]

ITAT remanded trust registration cases to CIT(E) citing natural justice, despite procedural lapses by the assessees
ITAT - trusts registration - impose - taxscan

In a recent case, the Surat Bench of  Income Tax Appellate Tribunal (ITAT), has remanded the trust registration cases of three charitable institutions to the Commissioner of Income Tax (Exemption) (CIT(E)) despite procedural delay by the assessees. It also imposed a cost of ₹10,000 on them. Surat Diamond Cutting & Polishing Cluster SPV Trust, Bavangam…

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