{"id":51118,"date":"2025-02-13T13:19:53","date_gmt":"2025-02-13T07:49:53","guid":{"rendered":"https:\/\/itatonline.org\/digest\/bai-navazbai-faramroze-d-mehta-charity-blocks-v-cit-2024-209-itd-213-surat-trib\/"},"modified":"2025-02-13T13:19:53","modified_gmt":"2025-02-13T07:49:53","slug":"bai-navazbai-faramroze-d-mehta-charity-blocks-v-cit-2024-209-itd-213-surat-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bai-navazbai-faramroze-d-mehta-charity-blocks-v-cit-2024-209-itd-213-surat-trib\/","title":{"rendered":"Bai Navazbai Faramroze D Mehta Charity Blocks v. CIT (2024) 209 ITD 213 (Surat) (Trib.)"},"content":{"rendered":"<p>Assessee-trust was established in 1953 It applied for registration under section 12A\/12AB. Commissioner (E) rejected the\u00a0 application on ground that object of assessee were restricted to a particular community and, thus, assessee-trust is \u00a0established for benefit of a particular community and not for general public, and accordingly, provisions of section 13(1)(b) were applicable. On appeal the Tribunal held that\u00a0\u00a0 since the \u00a0assessee-trust was established much prior to commencement of Income-tax Act, 1961, embargo of section 13(1)(b) would not apply and, therefore, matter is\u00a0\u00a0 remanded back to Commissioner (E) to reconsider application of assessee on merit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 12A : Registration-Trust or institution-Denial of exemption-Trust or institution-Investment restrictions-Trust was established much prior to commencement of Income-tax Act, 1961-EEmbargo of section 13(1)(b) is  not applicable-Denial of registration is not valid. [S.  12AB, 13(1)(b)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-51118","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-diu","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=51118"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51118\/revisions"}],"predecessor-version":[{"id":51119,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/51118\/revisions\/51119"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=51118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=51118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=51118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}