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2020 (4) TMI 862 - HC - Income TaxExemption u/s 11 - entitled to registration as Charitable Trust under Section 12AA read with Section 80G - HELD THAT:- The issue involved in this case is no longer res integra and has been decided by the Coordinate Bench of this Court in the case of “Director of Income Tax (Exemptions) -Vs- Seervi Samaj Tambaram Trust” [2014 (2) TMI 32 - MADRAS HIGH COURT] following the Supreme Court decision in the case of “Commissioner of Income Tax -Vs- Upper Ganges Sugar Mills Ltd. [1997 (8) TMI 4 - SUPREME COURT] and another case decided by the Honourable Supreme Court in “State of Kerala -Vs- MP.Shantiverma Jain” [1998 (5) TMI 24 - SUPREME COURT] in which the Honourable Supreme Court has held that the Income Tax Act, 1961 does not make any distinction with regard to the objectives of the Charitable and Religious purposes and the Trusts having both these objectives can also be registered under Section 11 or 12AA of the Act. Tribunal was justified in allowing the appeal filed by the Assessee and upholding the registration of the Trust under Section 12AA read with Section 80G of the Act. The appeal filed by the Revenue is devoid of any merits - Decided in favour of assessee.
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