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TMI Blog2023 (8) TMI 1504X X X X Extracts X X X X X X X X Extracts X X X X ..... t by the trust. The trust could not furnish the information as stated by the learned CIT [Exemption] in paragraph number 3 of his order. Therefore, it is pointed that the learned CIT [Exemption] could not have satisfied himself about the object of the trust and genuineness of the activities as required u/s 12 AB (1) (b) and therefore, he rejected the application as it was required to be disposed of in a time bound manner. It is also pleaded before us that the 2 notices issued by CIT [Exemption] could not be responded because trust was not having knowledge about such notices issued through ITBA portal. We direct the assessee trust to once again make an application before CIT [E] for registration of those trust in prescribed format and comple ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... de the issue on or before 31st March, 2023 and hence, rejected the application of the assessee. Therefore, the assessee is in appeal. b. ITA No. 1731/Mum/2022 is filed by Siddhakala Bhakta Mandal [PAN AAETS2965E] against the order for rejection of recognition under section 12AA of the Act, by CIT [Exemptions], Mumbai dated 10th March, 2023 seeking registration under section 12AB of the Act because of the reason that despite 2 notices issued by the learned CIT(exemptions), the assessee did not furnish the information required. Therefore, in view of statutory time limit to decide the application before 31st March, 2023, the learned CIT (Exemptions) could not have arrived at the satisfaction required about the object of the trust and genuinene ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ith the same. 03. The learned Authorized Representative in ITA No. 1734/M/2023 stated that assessee was not aware of the requirement of furnishing information though as per the understanding of the assessee for number 10 AB of the Act, was filed with all the relevant details. The learned Authorized Representative further stated that that two notices issued by the CIT [Exemptions] were not received by the assessee and if same were available in the ITBA portal, assessee could not reply to them because the trust was not aware about such requirement. He further stated that all the information is available on record and if require it can be submitted once again before the learned CIT [Exemption], if relief is granted to the assessee to go back. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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