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2012 (11) TMI 577 - ITAT AMRITSARRegistration u/s 12AA – Held that:- At the stage of processing application under section 12AA of the Act is limited to whether the activities are genuine and in consonance with the objects of the trust or institution and where education is being imparted as per the rules and the factum of the establishment and running of schools is not disputed, then the activity is said to be genuine activity and the enquiry regarding genuineness of the activities cannot be stretched beyond that. As regards Surplus of Trust nothing has been brought on record whether any surplus has been used for non charitable activities - CIT is directed to allow Registration to the assessee-trust under section 12AA(a) of the Act. Thus, all the grounds of the assessee are allowed.
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