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2019 (4) TMI 833 - ITAT BANGALOREGrant of recognition u/s 80G - grant of registration u/s 12AA - rejection of recognition as the trust has not provided details regarding future projects of renovation / improvement of the campus or any other related object of the Trust that are intended to be undertaken. Hence the necessity for donation does not arise - HELD THAT:- Reasons cited by the CIT(E) for rejection of recognition; not being the requirements mandated by the provisions of the Act, cannot be the basis for rejection of the assessee’s application. It is for the assessee to determine when which of its activities in furtherance of its objects are to be taken up and when there is a requirement for donations in this regard. Grant of approval / recognition under section 80G of the Act can act as a catalyst to encourage prospective donors to look at the intended activities / objects and possibly provide financial support through donations / contributions. Strangely, in the case on hand, on the very next day i.e., 30.01.2018, the CIT(E) has granted the assessee-trust registration under section 12AA of the Act vide order dated 30.01.2018; ostensibly, after examination of the assessee’s objects, etc., which the CIT has categorized as “Advancement of any other object of general public utility”. Following the decision of Indic Science Research Trust [2018 (7) TMI 1902 - ITAT BANGALORE] we accordingly set aside the impugned order of the CIT(E) dated 29.01.2018 passed under section 80G(5)(iv) of the Act and restore the matter to the file of the CIT(E) to examine the matter afresh in the light of his order granting the assessee registration under section 12AA of the Act and our observations hereinabove - Decided in favour of assessee for statistical purposes.
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