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2011 (7) TMI 767 - AT - Income TaxDisallowance of exemption u/s 11 - on the ground that the assessee-trust had made certain donations which were not in conformity with its objects as contained in the Trust Deed - assessee's contention vide his additional written submissions before CIT(A)-XII dated 19-4-2010 that exemption u/s 11 can be denied only if the registration u/s Sec 12A or 12AA is not granted or when the trust has contravened Sec. 13 of the Act, is not correct because withdrawal of registration u/s 12AA is not a prerequisite for withdrawal of exemption u/s 11 - The major portion of the amount disallowed by the Assessing Officer pertains to the donations made to various Trusts having exempt u/s 80G of the Act and other donations are very small amounts related to expenses towards various welfare activities - It is a well settled proposition of law that minor discrepancies found in any Trust’s case have to be ignored - Decided in favor of the assessee
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