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2016 (2) TMI 562 - AT - Income TaxDenial of registration u/s 12A and approval u/s 80G - Held that:- Genuineness of the activities of the trust cannot be gone into at the time of registration of the trust. It is only after the activities of the trust are commenced the genuineness of the objects can be examined during the course of assessment proceedings, after the grant of registration by the IT Authorities. We direct the ld.CIT(Exeptn.) to grant the registration u/s 12A of the IT Act, after satisfying himself that the objects of the trust are charitable in nature. With this direction, we restore the matter to the file of the ld.CIT(Exeptn.). - Decided partly in favour of assessee for statistical purpose.
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