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2018 (12) TMI 220 - HC - Income TaxWithdrawal of registration granted u/s 12-A - charitable activity - object of the Trust - Held that:- So far as the object of the Trust is concerned, so long as it fits into any one of the objects as enumerated under Section 2(15) such a requirement stands fulfilled. So far as the second requirement with regard to the genuineness of the activities is concerned, the same could be arrived at only during the assessment proceedings. Tribunal was justified in coming to the conclusion that so far as the factum of the assessee being involved in any charitable activities or not, whether the income so derived has to be apportioned towards any other purpose or not, could be considered only during the assessment proceedings. Considering of the application is quite different from the assessment of the income of the assessee. Therefore, at this stage, it is suffice to hold that the conditions for grant of exemption have been satisfied by the assessee. The Tribunal was justified on facts and in law to pass the impugned order. Under these circumstances, we concur with the view of Tribunal. Tribunal was justified in coming to the conclusion that the assessee is entitled for registration under Section 12-A. The substantial question of law is answered in favour of the assessee
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