https://www.taxtmi.com/caselaws?id=190024 The ITAT Chennai set aside the CIT-I, Coimbatore's rejection of a trust's application for registration under section 12A of the Income Tax Act, 1961. The trust, focused on interest-free loans for a specific community, was deemed to have religious objectives promoting Islam. Evidence of similar trusts being recognized as religious trusts by other tax authorities was presented. The ITAT directed a fresh evaluation considering registration certificates from other tax authorities, leading to a favorable outcome for the trust, allowing the appeal for statistical purposes. en-us Tue, 15 May 2012 00:00:00 +0530 Mon, 19 Jun 2017 18:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190024 The ITAT Chennai set aside the CIT-I, Coimbatore's rejection of a trust's application for registration under section 12A of the Income Tax Act, 1961. The trust, focused on interest-free loans for a specific community, was deemed to have religious objectives promoting Islam. Evidence of similar trusts being recognized as religious trusts by other tax authorities was presented. The ITAT directed a fresh evaluation considering registration certificates from other tax authorities, leading to a favorable outcome for the trust, allowing the appeal for statistical purposes. Case-Laws Income Tax Tue, 15 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190024