https://www.taxtmi.com/caselaws?id=78590 The High Court upheld the Tribunal's decision to grant registration to the assessee as a Charitable Institution under Section 12AA of the Income Tax Act, 1961. Despite the lack of application of funds towards charitable purposes in the relevant year, the Court found the activities and objects of the assessee, a statutory body responsible for welfare measures for construction workers, aligned with 'charitable purposes' under the Act. Emphasizing the genuineness of the assessee's activities and objects, the Court dismissed the revenue's argument, concluding that no substantial question of law arose and affirming the registration granted by the Tribunal. en-us Mon, 30 Aug 2010 00:00:00 +0530 Tue, 30 Nov 2010 21:51:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78590 The High Court upheld the Tribunal's decision to grant registration to the assessee as a Charitable Institution under Section 12AA of the Income Tax Act, 1961. Despite the lack of application of funds towards charitable purposes in the relevant year, the Court found the activities and objects of the assessee, a statutory body responsible for welfare measures for construction workers, aligned with 'charitable purposes' under the Act. Emphasizing the genuineness of the assessee's activities and objects, the Court dismissed the revenue's argument, concluding that no substantial question of law arose and affirming the registration granted by the Tribunal. Case-Laws Income Tax Mon, 30 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78590