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2017 (2) TMI 689 - AT - Income TaxGrant of registration u/s 12AA - Held that:- The registration u/s 12AA and the assessment are separate proceedings. At the stage of registration u/s 12AA only object and genuineness of the trust can be examined and not the activities as well as application of the funds of the assessee trust. This view has been taken by this Coordinate Bench vide its order dated 3-11- 2016 in the case of IMC of ITI Chhabra vs. CIT (Exemptions) [2017 (2) TMI 653 - ITAT JAIPUR]. In view of the above facts, circumstances of the case and the case laws cited (supra), the CIT (exemptions) is directed to grant registration to the assessee society. Thus the appeal of the assessee is allowed.
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