https://www.taxtmi.com/caselaws?id=258381 The court set aside the denial of a registration certificate under Section 12AA of the Income Tax Act due to the absence of a dissolution clause in the trust deed. The matter was remitted to the Commissioner for reconsideration in light of a pending amendment application to include the dissolution clause. The court directed the Commissioner to evaluate the application based on conditions applied to another trust, ensuring a decision within three months. The Tax Appeal was disposed of, emphasizing the need for a fresh review considering the impending inclusion of the dissolution clause and aligning with conditions set in a recent registration order for a similar trust. en-us Wed, 25 Mar 2015 00:00:00 +0530 Wed, 08 Apr 2015 07:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258381 The court set aside the denial of a registration certificate under Section 12AA of the Income Tax Act due to the absence of a dissolution clause in the trust deed. The matter was remitted to the Commissioner for reconsideration in light of a pending amendment application to include the dissolution clause. The court directed the Commissioner to evaluate the application based on conditions applied to another trust, ensuring a decision within three months. The Tax Appeal was disposed of, emphasizing the need for a fresh review considering the impending inclusion of the dissolution clause and aligning with conditions set in a recent registration order for a similar trust. Case-Laws Income Tax Wed, 25 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258381