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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Registration u/s 12AA - the activities of a trust or institution ...


Trust's Registration Cancellation Under Sec 12AA Overturned; CIT's Claims of Non-Genuine Activities Dismissed.

June 18, 2019

Case Laws     Income Tax     AT

Registration u/s 12AA - the activities of a trust or institution are not genuine or the activities are not being carried out in accordance with the objects of the trust or institution - CIT has wrongly invoked section 12AA(3) in as much as the requisite conditions contained therein are not fulfilled - cancellation order set-aside

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