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    <title>2016 (6) TMI 129 - ITAT KOLKATA</title>
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    <description>The tribunal allowed the appeal of the assessee, holding that the sufficiency or irregularities in the initial corpus fund do not invalidate the trust&#039;s existence. The charitable objects of the trust were not disputed, and the CIT should have examined only whether the objects of the trust were charitable and the activities genuine. The order refusing registration was passed beyond the stipulated period, entitling the assessee to deemed registration under section 12AA.</description>
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      <description>The tribunal allowed the appeal of the assessee, holding that the sufficiency or irregularities in the initial corpus fund do not invalidate the trust&#039;s existence. The charitable objects of the trust were not disputed, and the CIT should have examined only whether the objects of the trust were charitable and the activities genuine. The order refusing registration was passed beyond the stipulated period, entitling the assessee to deemed registration under section 12AA.</description>
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