https://www.taxtmi.com/caselaws?id=250052 The High Court of Gujarat upheld the Income-tax Appellate Tribunal's decision to grant registration to a trust under section 12A of the Income-tax Act. The Court agreed that the absence of activity at the time of registration does not affect the genuineness of the trust's objectives and activities. Emphasizing the importance of charitable activities and proper fund utilization, the Court dismissed the Revenue's appeal, endorsing the Tribunal's ruling that the trust's donations to another charitable trust were in line with the purpose of establishing the trust. The judgment reiterated that registration under section 12A should not be denied solely due to initial inactivity. en-us Mon, 30 Jun 2014 00:00:00 +0530 Fri, 01 Aug 2014 18:15:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250052 The High Court of Gujarat upheld the Income-tax Appellate Tribunal's decision to grant registration to a trust under section 12A of the Income-tax Act. The Court agreed that the absence of activity at the time of registration does not affect the genuineness of the trust's objectives and activities. Emphasizing the importance of charitable activities and proper fund utilization, the Court dismissed the Revenue's appeal, endorsing the Tribunal's ruling that the trust's donations to another charitable trust were in line with the purpose of establishing the trust. The judgment reiterated that registration under section 12A should not be denied solely due to initial inactivity. Case-Laws Income Tax Mon, 30 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250052