CIT ( E ) v. Tara Educational & Charitable Trust ( Bom) (HC)

S. 12AA : Procedure for registration –Trust or institution-Registration cannot be refused on the ground that the Trust deed does not contain dissolution clause .[ S.12A]

Dismissing the appeal of the revenue the Court held that, registration cannot be refused on the ground that the Trust deed does not contain dissolution clause .Court observed that S.55 of the Maharashtra Public Trust Act , 1950   takes care of such contingency. ( ITA No. 247 of 2015 dt 31-07-2017 )( AY.2012-13)

(ITA No 1247 /Mum/ 2013 dt 14-07-2014)

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