https://www.taxtmi.com/caselaws?id=65455 The Tribunal allowed the appeal against the CIT's refusal to register a public charitable trust under s. 12AA(1)(b)(ii) of the IT Act, focusing on the genuineness of the trust's activities and its charitable objectives rather than the initial contribution amount. The Tribunal found the CIT's concerns over the Rs. 500 initial contribution irrelevant, as the trust had substantial public contributions to support its charitable activities. The Tribunal criticized the CIT's vague assertions and reliance on irrelevant precedents, ultimately granting the trust's registration and setting aside the CIT's order. en-us Thu, 02 Nov 2006 00:00:00 +0530 Wed, 14 Feb 2024 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65455 The Tribunal allowed the appeal against the CIT's refusal to register a public charitable trust under s. 12AA(1)(b)(ii) of the IT Act, focusing on the genuineness of the trust's activities and its charitable objectives rather than the initial contribution amount. The Tribunal found the CIT's concerns over the Rs. 500 initial contribution irrelevant, as the trust had substantial public contributions to support its charitable activities. The Tribunal criticized the CIT's vague assertions and reliance on irrelevant precedents, ultimately granting the trust's registration and setting aside the CIT's order. Case-Laws Income Tax Thu, 02 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65455