https://www.taxtmi.com/caselaws?id=253573 The High Court upheld the Tribunal's decision, directing the Commissioner to grant registration under Section 12AA of the Income Tax Act to the trust engaging in business activities to support its charitable objectives. The Court emphasized that the nature of the business is not decisive; rather, the key factor is whether the income generated is utilized for charitable purposes. The Court dismissed the revenue's appeal, ruling in favor of the trust and affirming the genuineness of its activities for charitable ends. en-us Mon, 04 Aug 2014 00:00:00 +0530 Fri, 28 Nov 2014 13:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253573 The High Court upheld the Tribunal's decision, directing the Commissioner to grant registration under Section 12AA of the Income Tax Act to the trust engaging in business activities to support its charitable objectives. The Court emphasized that the nature of the business is not decisive; rather, the key factor is whether the income generated is utilized for charitable purposes. The Court dismissed the revenue's appeal, ruling in favor of the trust and affirming the genuineness of its activities for charitable ends. Case-Laws Income Tax Mon, 04 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253573