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2014 (11) TMI 16 - HC - Income TaxRejection of application of registration u/s 12AA - whether paying pension to the employees of the GCDA comes under the scope of charitable purpose or not u/s 2(15) – Held that:- The object of the Trust is to pay pension to the employees of the GCDA or their dependents from out of the corpus collected from the beneficiaries - the employees of the GCDA are contributing and from out of that contribution, they or their dependents are getting pension - Such an object implemented by the appellant-Trust cannot be said to be an object of general public utility attracting Section 2 (15) of the Act - The eligibility for registration depends upon the object of each of those Trusts - Such objects are not present in the case of the present Trust – thus, the order of the Tribunal is upheld – Decided against assessee.
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