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2012 (11) TMI 293 - AT - Income TaxDenial of registration applied for u/s 12A - DIT (Exemption) arrived at a view that the activities of the assessee trust were not in conformity with the terms of object of the trust being educational, medical, advancement of music, art, drama, dance and literatures etc - Trust formed on 19/12/2011, applied for grant of registration 25/01/2012 - Held that:- Aforesaid shows that the Trust is at infant stage and the Trust needs to be registered under the provisions of the Act in order to derive benefit under it. legal position is that activities of the trust have to be considered if such registration is sought much later than the formation of the trust or after expiry of the earlier registration granted in favour of the trust. Therefore in a case of this nature where the trust has approached the authority for registration u/s 12A within a short span of its formation, the above-mentioned criteria namely, the objects of the trust for which it was formed will have to be examined to be satisfied about its genuineness and activities of the trust cannot be the criterion, since it is yet to commence its activities. In view of aforesaid, and considering the objects of the trust, DIT(Exemption) is directed to grant registration on its application u/s 12A and 12 AA - Decided in favor of assessee
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