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2012 (9) TMI 178 - AT - Income TaxCharitable Trust - registration granted u/s 12AA - subsequent cancellation on ground that assessee trust was engaged in advancement of Hinduism and the expenses thus could not be treated as applied for charitable purposes for general public utility - Held that:- Trust or institution whether engaged in charitable or religious if is found to be carrying on its activities and the said activities are genuine, then such trust or institution subject to fulfillment of the provisions of the Act, are to be registered u/s 12AA, in order to entitle the trust or institution to claim deduction allowable u/s 11/12. Since activities of the trust were not found to be non-genuine and further there is no finding that the trust was not carrying out its activities in accordance with the objects of the trust. In the absence of the same, exercise of power by the CIT u/s 12AA(3) is unwarranted and the same is hereby cancelled. CIT directed to grant registration to the assessee u/s 12AA - Decided in favor of assessee
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