https://www.taxtmi.com/caselaws?id=219226 The ITAT allowed the appeal by the assessee trust, overturning the Commissioner's denial of registration under section 12A(a) of the Income Tax Act. The ITAT held that the trust's activities, including using surplus funds for educational expansion, did not indicate profit-making motives. Relying on precedents, the ITAT emphasized that incidental surplus from lawful activities did not disqualify the trust from being considered charitable. Consequently, the ITAT directed the grant of registration to the trust, stating that its operations aligned with charitable and educational purposes. en-us Fri, 21 Sep 2012 00:00:00 +0530 Fri, 07 Dec 2012 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219226 The ITAT allowed the appeal by the assessee trust, overturning the Commissioner's denial of registration under section 12A(a) of the Income Tax Act. The ITAT held that the trust's activities, including using surplus funds for educational expansion, did not indicate profit-making motives. Relying on precedents, the ITAT emphasized that incidental surplus from lawful activities did not disqualify the trust from being considered charitable. Consequently, the ITAT directed the grant of registration to the trust, stating that its operations aligned with charitable and educational purposes. Case-Laws Income Tax Fri, 21 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219226