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2014 (9) TMI 1101 - HC - Income TaxGrant of registration to assessee trust - whether the assessee trust is generating wealth by accumulating huge surpluses over the years in guise of a charitable trust? - ITAT directing to grant registration - Held that:- Apart from the fact that the question so raised is a question of fact, the mere fact that the assessee generated wealth by accumulating surpluses from donations, which are said to be doubtful etc. cannot be a ground to deny registration as a Charitable Trust. The charitable nature of an institution depends upon its activities. It is not denied that the respondent runs three different educational institutions. Thus, the mere fact that the Trust may have received donations, which as per the revenue are doubtful, though without referring to any material much less prima facie material cannot be a ground to reject registration, as a Charitable Trust. - Decided against revenue
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