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2016 (8) TMI 1557 - ITAT AMRITSARExemption u/s 11 - refusal to grant registration u/s 12AA - HELD THAT:- We find that the trust was created vide trust deed dated 26 Sep. 2014 and the objects of the trust deed of the society are charitable in nature. At the time of granting registration to an assessee the learned CIT (Exemption) has to only examine the objects for which the society has been registered. The provisions of section 12AA regarding registration are very clear which clearly states that at the time of registration the Commissioner has to satisfy himself about the objects of Trust, and genuineness of its activities. We find that in the next year the learned CIT(Exemption) on the basis of same trust deed has allowed registration to the assessee, therefore, refusal to grant registration in the present year is not justified - we direct the CIT(Exemption) to grant registration to the assessee u/s 12AA of the Act.
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