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2015 (10) TMI 482 - ITAT BANGALORERegistration under Section 12AA refused - Held that:- Objects of the assessee trust are charitable in nature, coming under the provisions of Section 2(15) of the Act. The only objection of the ld. CIT for grant of Registration was that the objects of the Trust contained in Deed dt.4.6.2005 showed that the trust was set up for the benefit of a particular community. Whatever may be the correctness or otherwise of the said findings of the learned CIT, it is only the amended objects that have to be considered for purpose of grant of Registration. Thus, in our view, the objections of the ld. CIT with regard to the provisions of section 13(1)(b) of the Act, are therefore no longer relevant. In this view of the matter, the CIT is directed to accord the assessee trust Registration under Section 12AA of the Act. In any case, the grant of registration is only a step in the process for claim of exemption under Section 11 to 13 of the Act to enable the Assessing Officer to ensure that the assessee complies with the requirements contained therein to claim exemption. - Decided in favour of assessee.
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