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2014 (3) TMI 976 - AT - Income TaxRegistration under section 12AA denied - Held that:- The learned Director of Income-tax (Exemptions) has not examined the objects of the trust for granting registration under section 12AA of the Act, but went on the wrong premises that the assessee-trust has not started its activities and the objects are mixed. Therefore, we hereby set aside the order of the learned Director of Income-tax (Exemptions) and remit back the matter to his file in order to examine the objects of the trust and decide the matter in the light of the decisions rendered by various hon'ble High Courts Hardayal Charitable and Educational Trust v. CIT [2013 (3) TMI 377 - ALLAHABAD HIGH COURT ], DIT (Exemptions) v. Meenakshi Amma Endowment Trust [2010 (11) TMI 853 - KARNATAKA HIGH COURT ] and Sanjeevamma Hanumanthe Gowda Charitable Trust v. DIT (Exemptions) [2006 (3) TMI 91 - KARNATAKA High Court] in accordance with the facts of the case and law. Needless to mention that in the process the learned Director of Income-tax (Exemptions) shall analyse the objects of the assessee-trust and determine whether the object would fall within the preview of section 2(15) of the Act and if so under which limp of the provision, i.e., "relief to the poor, education, medical relief, preservation of environment (including watersheds, forest and wildlife), preservation of monuments or places or objects of artistic or historical interest, or advancement of any other object of general public utility - Decided in favour of assessee for statistical purposes.
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