Assessee-trust filed an application for registration under section 12A(1)(ac)(iii) and under section 80G(5). Commissioner(E) rejected said application on ground that no charitable activity was initiated and no expenses were incurred on any charitable activity as detailed in section 2(15). Tribunal held that documents to show that it had given financial assistance/donation to improve healthcare education and services and to uplift standard of living of Tribals. On facts, order of CIT(E) is set aside and matter is remanded back for fresh consideration. (AY. 2023-24)
Karamshi Jethabhai Somaiya (Delhi) Trust. v. CIT (2024) 207 ITD 564 (Delhi) (Trib.)
S. 12A : Registration-Trust or institution-Denial of registration-Application rejected application on ground that no charitable activity was initiated and no expenses were incurred on any charitable activity as detailed in section 2(15)-Assessee submitted documents to show that it had given financial assistance/donation to improve healthcare, education and services and to uplift standard of living of Tribals-Matter is remanded back for fresh consideration.[S.2(15), 12A(1)(ac)(iii), 80G (5)]
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