Held that all the objects of the assessee-trust are for the benefit of the residents of a particular society, which is a specific violation of cls. (c) and (d) of Explanation to S 12AB(4) and therefore, denial of registration under S.. 12AB was justified.
Dwarika Greens Foundation v. CIT (E) (2025) 235 TTJ 821 / 173 taxmann.com 744 (Ahd) Trib)
S. 12AB: Procedure for fresh registration-Trust for the benefit of residents of a particular housing society-Denial of registration was affirmed. [S.11, 12, 12AB(4), 13(1(b)]
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