Goods Transport Agency services via e commerce portals: consignment note creates custody and liability and enables exemption for unregistered recipien...
Reverse charge and assignment of royalty collection: exemption for excess royalty collectors subject to reconciliation; leaseholders remain liable und...
Registration under section 12AB could not be refused merely because a charitable trust was at an initial stage and had conducted only a medical conference. The Tribunal held that, for registration, the Commissioner must examine both the objects and the proposed activities of the trust. The deed showed charitable objects directed to medical relief, public awareness, treatment support, assistance to students, old age homes and allied public causes, and the asset-transfer clause on dissolution was inconsistent with a mutual concern. Limited commencement of activities was not, by itself, a disqualifying violation. The mutuality finding was therefore unsustainable, and the application was to be processed for registration.
Registration under section 12AB could not be refused merely because a charitable trust was at an initial stage and had conducted only a medical conference. The Tribunal held that, for registration, the Commissioner must examine both the objects and the proposed activities of the trust. The deed showed charitable objects directed to medical relief, public awareness, treatment support, assistance to students, old age homes and allied public causes, and the asset-transfer clause on dissolution was inconsistent with a mutual concern. Limited commencement of activities was not, by itself, a disqualifying violation. The mutuality finding was therefore unsustainable, and the application was to be processed for registration.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4814 
Join Channel 
