https://www.taxtmi.com/caselaws?id=379279 The Tribunal overturned the CIT(E)'s rejection of the assessee's application for registration under section 12AA of the Income Tax Act. It emphasized that the CIT(E) should focus on the trust's objects and activities' genuineness, rather than irrelevant factors like surplus generation. The Tribunal highlighted that the primary charitable purpose of education was valid, and the emphasis on incidental objects was misplaced. The CIT(E) was directed to reassess the application in accordance with these principles, with the appeal allowed for statistical purposes. en-us Fri, 08 Feb 2019 00:00:00 +0530 Tue, 30 Apr 2019 09:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379279 The Tribunal overturned the CIT(E)'s rejection of the assessee's application for registration under section 12AA of the Income Tax Act. It emphasized that the CIT(E) should focus on the trust's objects and activities' genuineness, rather than irrelevant factors like surplus generation. The Tribunal highlighted that the primary charitable purpose of education was valid, and the emphasis on incidental objects was misplaced. The CIT(E) was directed to reassess the application in accordance with these principles, with the appeal allowed for statistical purposes. Case-Laws Income Tax Fri, 08 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379279