Genuine Delay in Producing 70 Year Old Trust Deed: ITAT quashes Rejection of S.12A & 80G Claims

The ITAT has quashed the rejection of a trust's Section 12A and 80G claims, citing a "genuine delay in producing a 70-year-old trust deed." The tribunal found that the tax authorities were wrong to reject the trust's claims on a technicality. The ruling provides relief to a trust and ensures that a genuine delay, especially in the case of old documents, is not used as a reason to deny a valid claim.