https://www.taxtmi.com/caselaws?id=392910 The High Court of Calcutta affirmed the tribunal's decision, holding that the genuineness of a trust's activities is not a prerequisite for registration under Section 12AA of the Income Tax Act, 1961. The court emphasized the importance of the trust's objects and proposed activities being genuine at the registration stage, with the Commissioner having the authority to cancel registration if activities are later found to be non-genuine. The judgment underscored the balance between demonstrating genuine intent and practicality in the registration process for trusts seeking tax benefits and donor support. en-us Fri, 28 Feb 2020 00:00:00 +0530 Tue, 21 Jul 2020 15:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392910 The High Court of Calcutta affirmed the tribunal's decision, holding that the genuineness of a trust's activities is not a prerequisite for registration under Section 12AA of the Income Tax Act, 1961. The court emphasized the importance of the trust's objects and proposed activities being genuine at the registration stage, with the Commissioner having the authority to cancel registration if activities are later found to be non-genuine. The judgment underscored the balance between demonstrating genuine intent and practicality in the registration process for trusts seeking tax benefits and donor support. Case-Laws Income Tax Fri, 28 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392910