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2013 (5) TMI 782 - AT - Income TaxRejection of application u/s 12AA - Held that:- The definition in section 2(15) is an inclusive one. The object of the assessee does not fall in any one of the clauses mentioned in section 2(15) of the Act. Even in respect of the academic and research activity in environmental and nutritional medicine is only for the purpose of promoting nutritional medicine and not for the purpose of preservation of environment. The object of the trust is only to provide services to medical professionals, who are practising in nutritional medicines. The research and other activities of the assessee-trust may promote the sale of nutritional medicine in this country. Therefore, this Tribunal is of the considered opinion that the assessee is not established for the purpose of charitable purpose but for the purpose of promoting sale of nutritional medicine and promotion of medical practice in nutritional medicine. Therefore, this Tribunal is of the considered opinion that the assessee cannot be considered to be a charitable institution and is not entitled to registration under section 12AA of the Act. - No infirmity in order of lower authority - Decided against assessee.
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