https://www.taxtmi.com/caselaws?id=269582 The company's application for registration under section 12AA of the Income-Tax Act was initially rejected by the CIT due to perceived lack of substantial charitable activities. However, the Tribunal overturned this decision, emphasizing the company's charitable efforts and compliance with queries. The Tribunal highlighted that registration under section 12AA does not automatically guarantee exemption under section 11. Subsequently, the Tribunal directed the CIT to grant approval under section 80G of the Act to the company, ensuring the company's eligibility for tax benefits. The Tribunal's decision allowed both appeals, setting aside the initial rejections by the CIT. en-us Fri, 07 Mar 2014 00:00:00 +0530 Thu, 17 Dec 2015 06:44:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269582 The company's application for registration under section 12AA of the Income-Tax Act was initially rejected by the CIT due to perceived lack of substantial charitable activities. However, the Tribunal overturned this decision, emphasizing the company's charitable efforts and compliance with queries. The Tribunal highlighted that registration under section 12AA does not automatically guarantee exemption under section 11. Subsequently, the Tribunal directed the CIT to grant approval under section 80G of the Act to the company, ensuring the company's eligibility for tax benefits. The Tribunal's decision allowed both appeals, setting aside the initial rejections by the CIT. Case-Laws Income Tax Fri, 07 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269582