https://www.taxtmi.com/caselaws?id=200576 The appeal was allowed as the Co-ordinate Bench determined that the Investor Protection Fund set up by a recognized Stock Exchange served general public utility and qualified as a charitable institution. The rejection of registration u/s 12A by the DIT(Exemption) was overturned, directing the grant of registration to the trust. The trust deed clarified the fund's objectives aligning with charitable purposes, leading to the conclusion that the fund was established for the benefit of the general public. en-us Wed, 22 Jan 2014 00:00:00 +0530 Fri, 06 Apr 2018 07:45:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200576 The appeal was allowed as the Co-ordinate Bench determined that the Investor Protection Fund set up by a recognized Stock Exchange served general public utility and qualified as a charitable institution. The rejection of registration u/s 12A by the DIT(Exemption) was overturned, directing the grant of registration to the trust. The trust deed clarified the fund's objectives aligning with charitable purposes, leading to the conclusion that the fund was established for the benefit of the general public. Case-Laws Income Tax Wed, 22 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200576