Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2011 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (3) TMI 352 - AT - Income TaxRenewal of exemption u/s 80G - Registration u/s 12A - assessee had however not filed any fresh application for registration under section 12A which had been granted only with respect to the original objects - After demise of the original trustees, the new trustees thought it fit to open admission to all the students without any reservation as to caste and creed - One of the conditions for granting exemption under section 80G is that the trust must be registered under section 12A of the Income-tax Act as a charitable institution - there being no statutory requirement of intimating changes, registration cannot be cancelled or the trust cannot be declared invalid only on the ground that changes were not intimated - The trust has already been registered under section 12A and the registration has not been cancelled - Principle of consistency is also in favour of the assessee as based on the amended objects renewal of approval under section 80G has already been granted and factual and legal position remaining the same, we see no justification for rejecting the application for renewal under section 80G - Appeal is allowed
|