https://www.taxtmi.com/caselaws?id=401150 The Tribunal allowed the assessee's appeal for statistical purposes, emphasizing the need for a thorough examination of the trust's activities and compliance with legal requirements for registration and exemption under the Income Tax Act, 1961. The Tribunal directed the assessee to produce bills, vouchers, and books of account for verification to assess the genuineness of the trust's activities based on the trust deed and relevant clauses. The CIT(E) was instructed to re-examine and verify the genuineness of the trust's activities after reviewing additional documentation, providing a fair opportunity for the assessee to present their case. en-us Thu, 26 Nov 2020 00:00:00 +0530 Sat, 28 Nov 2020 10:00:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401150 The Tribunal allowed the assessee's appeal for statistical purposes, emphasizing the need for a thorough examination of the trust's activities and compliance with legal requirements for registration and exemption under the Income Tax Act, 1961. The Tribunal directed the assessee to produce bills, vouchers, and books of account for verification to assess the genuineness of the trust's activities based on the trust deed and relevant clauses. The CIT(E) was instructed to re-examine and verify the genuineness of the trust's activities after reviewing additional documentation, providing a fair opportunity for the assessee to present their case. Case-Laws Income Tax Thu, 26 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401150