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2013 (10) TMI 1175 - HC - Income TaxRejection of registration u/s 12AA of Trust on the ground of suspicion regarding genuineness of its activities – Held that:- The object of Section 12AA of the Act is to examine the genuineness of the objects of the Trust and though while examining genuineness, the income as well as resources of the Trust may be taken into consideration but any suspicion as to these facts cannot be the sole criteria for rejecting an application under Section 12A of the Act – Decided against the Revenue. Trustee, a life long membership is inferred as not charitable trust – Held that:- There appears to be a misconception amongst officers exercising power under Section 12AA of the Act that if a trustee is a life long member of a Trust, it automatically raises an inference that the Trust is not charitable. The fact that a trustee is a life member, may be relevant but cannot by itself lead to a finding that the Trust is not charitable – Decided against the Revenue.
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