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2014 (2) TMI 306 - AT - Income TaxRegistration u/s 12AA - Held that:- the trust has been constituted by family members of founder of the trust, Sh. R.D. Singla and the entire control of the trust is vested within the family itself, which is not permissible under the law - For getting the benefit of registration under Section 12AA of the Act, motive should be only charitable to the public in general not to family or a particular community or caste - There should not be any benefit of income and funds of the trust directly or indirectly to any relative of the trustee - Merely writing some aims and objects charitable in nature in the trust deed, as mentioned in the trust deed reproduced above, does not mean that the activities of the trust or institution are charitable in nature - There should be some practical activities which satisfy the tax authority about the genuineness of the trust activities - The assessee trust is not entitled for the registration under Section 12AA of the Act - The order of learned CIT-II, Amritsar, has been confirmed - Decided against assessee.
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