Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Rejection of application u/s 12AA – Dissolution clause not ...

Income Tax

July 25, 2014

Rejection of application u/s 12AA – Dissolution clause not included in Trust deed - DIT(E) has not recorded any adverse comment or dis-satisfaction about the object of the Trust or genuineness of the Trust activities - rejection is not valid - AT

View Source

 


 

You may also like:

  1. Dissolution clause in Trust deed – Exemption u/s 80G - For the purpose of the exemption certificate under section 80G(5) there need not be any dissolution clause in the...

  2. Denial of Registration u/s 12AA - Charitable purpose u/s 2(15) - dissolution clause in the trust deed not exists - Although the inclusion of dissolution clause in the...

  3. Necessity of dissolution clause in the deed of charitable trust - whether the assessee is a public charitable trust, should the deed not have a clause that upon...

  4. Application for grant of registration u/s 12A rejected - non mentioning of date of creation of trust and absence of certain clauses in the trust deed - before refusing...

  5. Registration certificate under Section 12AA - the respondent-trust had already applied for amendment in the trust deed providing "dissolution clause" and the same is...

  6. Cancellation of registration u/s. 12AA(3) - amendment in trust deed - Proof of change of object charitable - CIT(E) can cancel the registration only in situations,...

  7. The DIT(E) has rejected the application on the ground that in case of dissolution there is no safeguard to the properties created by the University. - DIT(E) was not...

  8. Registration u/s 12AA - DIT(E) directed to go through the draft trust deed and inform the assessee as to whether the proposed amendment carried out by the assessee with...

  9. Charitable activity - approval u/s 10(23C)(vi) - Absence of the dissolution clause of the trust, there is a lacuna which may be misutilized in the event of dissolution...

  10. Renewal/grant of certificate u/s 80G - Unless the DIT(E) records the reasons of violation of such conditions, the DIT(E) cannot reject the assessee's application - AT

 

Quick Updates:Latest Updates