https://www.taxtmi.com/caselaws?id=264572 The Tribunal held that the execution of a formal deed of trust is not necessary for registration under Section 12AA/12A of the Income-tax Act, 1961. The aims and objects of the trust were found to be charitable, allowing for registration. The DIT (Exemptions) can examine the genuineness of aims and objects but not income and expenditure accounts during registration. Trust activities benefiting a specific community can still qualify for registration. Providing basic needs to the supreme head of the trust was deemed permissible. The Tribunal directed the DIT to grant registration to the trust, allowing the appeal in ITA No.4941/Del/2011 and dismissing the appeal in ITA No.3061/Del/2013. en-us Tue, 08 Sep 2015 00:00:00 +0530 Mon, 28 Sep 2015 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264572 The Tribunal held that the execution of a formal deed of trust is not necessary for registration under Section 12AA/12A of the Income-tax Act, 1961. The aims and objects of the trust were found to be charitable, allowing for registration. The DIT (Exemptions) can examine the genuineness of aims and objects but not income and expenditure accounts during registration. Trust activities benefiting a specific community can still qualify for registration. Providing basic needs to the supreme head of the trust was deemed permissible. The Tribunal directed the DIT to grant registration to the trust, allowing the appeal in ITA No.4941/Del/2011 and dismissing the appeal in ITA No.3061/Del/2013. Case-Laws Income Tax Tue, 08 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264572