https://www.taxtmi.com/caselaws?id=246088 The Tribunal upheld the Commissioner of Income Tax (CIT), Bathinda's decision to cancel the registration of the applicant institution as a Charitable Institution under Section 12AA. The Tribunal found that the institution's activities, primarily focused on profit-making through land development and sales, did not align with the definition of "charitable purpose" under Section 2(15) of the Income Tax Act. The Tribunal agreed that the trust's commercial endeavors resembled those of private real estate developers, leading to the dismissal of the appeal and affirmation of the registration cancellation. en-us Mon, 09 Dec 2013 00:00:00 +0530 Fri, 14 Feb 2014 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246088 The Tribunal upheld the Commissioner of Income Tax (CIT), Bathinda's decision to cancel the registration of the applicant institution as a Charitable Institution under Section 12AA. The Tribunal found that the institution's activities, primarily focused on profit-making through land development and sales, did not align with the definition of "charitable purpose" under Section 2(15) of the Income Tax Act. The Tribunal agreed that the trust's commercial endeavors resembled those of private real estate developers, leading to the dismissal of the appeal and affirmation of the registration cancellation. Case-Laws Income Tax Mon, 09 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246088