https://www.taxtmi.com/caselaws?id=262155 The Tribunal upheld the rejection of registration u/s 12AA for a trust organizing lectures and seminars for bank employees, emphasizing that the activities primarily served the banking business rather than charitable purposes benefiting the general public. Despite arguments on potential public benefits through improved banking services, the trust's activities were deemed more aligned with enhancing bank efficiency. The Tribunal clarified that commencing activities before applying for registration was necessary, in line with a Division Bench ruling, ultimately dismissing the appeal against the denial of registration for the trust. en-us Fri, 09 Jan 2015 00:00:00 +0530 Mon, 18 May 2015 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262155 The Tribunal upheld the rejection of registration u/s 12AA for a trust organizing lectures and seminars for bank employees, emphasizing that the activities primarily served the banking business rather than charitable purposes benefiting the general public. Despite arguments on potential public benefits through improved banking services, the trust's activities were deemed more aligned with enhancing bank efficiency. The Tribunal clarified that commencing activities before applying for registration was necessary, in line with a Division Bench ruling, ultimately dismissing the appeal against the denial of registration for the trust. Case-Laws Income Tax Fri, 09 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262155