https://www.taxtmi.com/caselaws?id=292099 The Tribunal directed the CIT(E) to grant approval u/s. 80G to the assessee, emphasizing that denial based solely on the absence of demonstrated charitable activities, especially for newly formed trusts, is inappropriate. The decision was influenced by a previous Tribunal ruling and legal principles from the Karnataka High Court, highlighting the practical challenges faced by new charitable organizations in showcasing activities shortly after establishment. The judgment stressed the objective of promoting charitable activities and mobilizing resources, leading to the allowance of the appeal and the grant of registration under section 80G of the Income Tax Act. en-us Thu, 05 Dec 2019 00:00:00 +0530 Mon, 07 Dec 2020 09:42:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292099 The Tribunal directed the CIT(E) to grant approval u/s. 80G to the assessee, emphasizing that denial based solely on the absence of demonstrated charitable activities, especially for newly formed trusts, is inappropriate. The decision was influenced by a previous Tribunal ruling and legal principles from the Karnataka High Court, highlighting the practical challenges faced by new charitable organizations in showcasing activities shortly after establishment. The judgment stressed the objective of promoting charitable activities and mobilizing resources, leading to the allowance of the appeal and the grant of registration under section 80G of the Income Tax Act. Case-Laws Income Tax Thu, 05 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292099