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2016 (7) TMI 110 - HC - Income TaxScope of enquiry for granting registration u/s 12A - Held that:- Enquiry shall be confined to the objects of the trust or institution & genuineness of its activities and cannot travel to the extent that whether the income of the trust from the property is wholly applied for the charitable purposes or not so as to make them entitle to claim exemption under Section 11 & 12. While considering registration application, CIT has transgressed its jurisdiction in recording that it is not proved that the assessee has applied 85% of its income. ITAT has rightly observed that it was nowhere found by the CIT that the objects mentioned in the trust deed are not charitable or non genuine. Entire factual & legal position examined by the ITAT and only after being satisfied about the genuineness of the objects and activities of the assessee trust, granted the application for registration preferred by the appellant u/s 12A of the Act. Decided in favour of assessee
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