Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2012 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (2) TMI 63 - ITAT, CHENNAICharitable Trust – trust created for the purpose of development of the STEMI programme, to give medical relief to poor/backward people and other objects - denial of registration u/s 12AA on the ground that meaning of STEMI was not provided and doctors (trustees) being busy cardiologists would not have time to attend to the objects of the trust – Held that:- Reasons provided by CIT are subsequent event to the granting of registration. At the time of registration of the trust all that is required to be verified is regarding the genuineness of the activities of the trust as also the objects of the trust. Both the objects and genuineness of the activities admitted by the CIT are charitable in nature. In the circumstances, we are of the view that the CIT erred in not granting the registration u/s 12AA – Decided in favor of assessee.
|