https://www.taxtmi.com/caselaws?id=392137 The appeal was filed against the Tribunal's order directing registration under Section 12AA of the Income Tax Act. The Tribunal concluded that ownership of the property by the society was not a prerequisite for registration. It noted that the property developed by the society was held under the trust, benefiting the public through various activities. The Tribunal emphasized that discrepancies in accounts should be addressed during assessment for exemption under Section 11 of the Act. The Tribunal's decision to grant registration without re-examination in light of a specific judgment was upheld, highlighting the society's activities benefiting the public, irrespective of ownership of the property. en-us Mon, 20 Jan 2020 00:00:00 +0530 Thu, 13 Feb 2020 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392137 The appeal was filed against the Tribunal's order directing registration under Section 12AA of the Income Tax Act. The Tribunal concluded that ownership of the property by the society was not a prerequisite for registration. It noted that the property developed by the society was held under the trust, benefiting the public through various activities. The Tribunal emphasized that discrepancies in accounts should be addressed during assessment for exemption under Section 11 of the Act. The Tribunal's decision to grant registration without re-examination in light of a specific judgment was upheld, highlighting the society's activities benefiting the public, irrespective of ownership of the property. Case-Laws Income Tax Mon, 20 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392137