Dismissing the appeal of the revenue the Court held that; where the objects of the trust is relatable to education, medical aid and help to poor in times of calamities, registration of assessee-trust could not be denied for amended objects clarifying running of diagnostic centre on no profit basis.
CIT v. Paramount Charity Trust. (2018) 97 taxmann.com 134 (Guj) (HC) Editorial: SLP of revenue is dismissed , CIT v. Paramount Charity Trust. (2019) 262 Taxman 164 (SC)
S. 12AA : Procedure for registration–Trust or institution-Objects relatable to education, medical aid and help to poor–Denial of registration is no valid. [S. 2(15)]