https://www.taxtmi.com/caselaws?id=380474 The High Court upheld the Tribunal's decision in favor of the assessee regarding the interpretation of Section 12AA(3) of the Income Tax Act. The Court found no basis for denial of registration based solely on income sustainability, emphasizing an analysis of the trust's activities. Additionally, the Court affirmed the extension of consequential benefits under sections 80G and 11 of the Act, dismissing the revenue's appeals and ruling in favor of the assessee. en-us Wed, 16 Jan 2019 00:00:00 +0530 Wed, 22 May 2019 07:27:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380474 The High Court upheld the Tribunal's decision in favor of the assessee regarding the interpretation of Section 12AA(3) of the Income Tax Act. The Court found no basis for denial of registration based solely on income sustainability, emphasizing an analysis of the trust's activities. Additionally, the Court affirmed the extension of consequential benefits under sections 80G and 11 of the Act, dismissing the revenue's appeals and ruling in favor of the assessee. Case-Laws Income Tax Wed, 16 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380474