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2014 (1) TMI 761 - HC - Income TaxRejection of grant of registration u/s 12AA - Held that:- The Commissioner did not raise any issue about the objects of the trust which the Tribunal found are clearly charitable in nature - The only ground which weighed with the Commissioner in declining to grant registration has been found to be contrary to law - Following Hardayal Charitable and Educational Trust vs. Commissioner of Income-Tax1 [2013 (3) TMI 377 - ALLAHABAD HIGH COURT] - The registration under section 12AA cannot be refused, on the ground that the trust has not yet commenced the charitable or religious activity - At this stage, only the genuineness of the objects has to be tested and not the activities, which have not commenced - The enquiry of the Commissioner of Income-tax at such preliminary stage should be restricted to the genuineness of the objects - Decided against Revenue.
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