https://www.taxtmi.com/caselaws?id=240974 The Appellate Tribunal ruled in favor of the appellant, a public charitable trust, in both issues presented. The Tribunal held that the trust was entitled to registration under sec.12AA of the Income-tax Act, 1961, despite the Commissioner's rejection based on premature assessment of charitable activities. Additionally, the Tribunal directed the Commissioner to grant approval under sec. 80G(vi) as well, emphasizing the need for a reasonable gestation period for charitable institutions to commence activities. The Tribunal's decision ensured the trust's recognition and approval under the relevant provisions of the Act. en-us Mon, 04 Feb 2013 00:00:00 +0530 Sun, 15 Dec 2013 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240974 The Appellate Tribunal ruled in favor of the appellant, a public charitable trust, in both issues presented. The Tribunal held that the trust was entitled to registration under sec.12AA of the Income-tax Act, 1961, despite the Commissioner's rejection based on premature assessment of charitable activities. Additionally, the Tribunal directed the Commissioner to grant approval under sec. 80G(vi) as well, emphasizing the need for a reasonable gestation period for charitable institutions to commence activities. The Tribunal's decision ensured the trust's recognition and approval under the relevant provisions of the Act. Case-Laws Income Tax Mon, 04 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240974