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2015 (1) TMI 1454 - MADRAS HIGH COURTExemption u/s 11 - registration filed under Section 12 AA denied - Revenue questions the trust not having commenced its activity for the grant of registration - HELD THAT:- When the genuineness of the objects of the Trust were not questioned by the CIT and when the Trust was yet to commence its operation and when a subject matter of scrutiny by the CIT as contemplated under section 12 AA(3) of the Income Tax Act, the Revenue would not be justified in refusing the registration at the threshold. The said ratio was laid down in a judgment reported in CIT Vs. Arulmighu Sri Kamatchi Amman Trust [2012 (2) TMI 159 - MADRAS HIGH COURT] - Decided against revenue.
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