https://www.taxtmi.com/caselaws?id=379886 The Tribunal held that the rejection of registration under Sec. 12AA by the CIT(E) was improper as the society was in its initial stages and had not yet conducted activities. The Tribunal emphasized that the CIT(E) should have focused on examining the society's objects and the genuineness of its activities rather than speculating on future commercial activities. The Tribunal directed the CIT(E) to reassess the application based on these criteria, restoring it for fresh adjudication. The appeal by the assessee society was allowed for statistical purposes. en-us Mon, 11 Mar 2019 00:00:00 +0530 Wed, 08 May 2019 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379886 The Tribunal held that the rejection of registration under Sec. 12AA by the CIT(E) was improper as the society was in its initial stages and had not yet conducted activities. The Tribunal emphasized that the CIT(E) should have focused on examining the society's objects and the genuineness of its activities rather than speculating on future commercial activities. The Tribunal directed the CIT(E) to reassess the application based on these criteria, restoring it for fresh adjudication. The appeal by the assessee society was allowed for statistical purposes. Case-Laws Income Tax Mon, 11 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379886