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2019 (3) TMI 907 - AT - Income TaxGrant of registration u/s 12AA and recognition u/s 80G - Charitable activity or not - main objection by the CIT(E) to grant of recognition u/s 80G was that the assessee trust has not carried out any noticeable activity till formation of the Trust; and therefore, it was not a fit case for grant of recognition under section 80G - HELD THAT:- What is significant / noticeable activity is very subjective and cannot be the basis for rejection of the assessee’s application. It is for the assessee to determine which of its activities in furtherance of its objects are to be taken up initially. Grant of approval / recognition under section 80G can act as a catalyst to encourage prospective donors to look at the intended activities / objects and possibly provide financial support through donations / contributions. In the case on hand, the CIT(E) has subsequently granted the assessee-trust registration under section 12AA of the Act vide order dated 29.08.2018; ostensibly, after examination of the assessee’s objects, etc., which the CIT has categorized as “Advancement of any other object of general public utility” - restore the matter to the file of the CIT(E) to examine the matter afresh in the light of his subsequent order granting the assessee registration under section 12AA - Assessee’s appeal allowed for statistical purposes.
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