IN THE INCOME TAX APPELLATE TRIBUNAL "C" BENCH, MUMBAI SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY, JUDICIAL MEMBER ITA No.1025/MUM/2026 (Assessment Year:2027-2028)

Chemical & Alkali Merchants Association Relief Fund

501-504, Himalaya House, Palton Road, Near Times of India Press, Mumbai – 400001.

Maharashtra.

[PAN:AAATC3972B] …………. Appellant Vs Commissioner Of Income Tax (Exemptions), Mumbai

601, 6^th Floor, Cumball Hill MTNL TE Building, Pedder Road, Dr. Gopalrao Deshmukh Marg, ………….

Cumballa Hill, Mumbai – 400026. Maharashtra Respondent Appearance For the Appellant/Assessee : Shri Parth Shah For the Respondent/Department : Shri R. A. Dhyani Date Conclusion of hearing : 02.04.2026 Pronouncement of order : 08.04.2026

O R D E R

Per Rahul Chaudhary, Judicial Member:

1. The present appeal preferred by the Assessee is directed against the order, dated 27/12/2025, passed by the Learned Commissioner of Income Tax (Exemption), Mumbai [hereinafter referred to as the ‘CIT(E)’] whereby the application filed by the Assessee in Form No.10AB seeking approval under Section 12AB of the Income Tax Act, 1961 [hereinafter referred to as ‘the Act’] was rejected.

2. The Assessee has raised