https://www.taxtmi.com/caselaws?id=404755 The HC dismissed both Tax Case Appeals, affirming the ITAT's directive for the Commissioner to register the Trust under Section 12AA and approve it under Section 80G(5) of the Income Tax Act. The Court emphasized the necessity for the Commissioner to evaluate the genuineness of Trust activities and not deny registration based solely on the timing of the application, particularly when the Trust had not yet commenced operations but demonstrated legitimate charitable objectives. The judgment underscored the importance of a thorough inquiry by the Commissioner under Section 12AA(3) to ensure fair assessment and decision-making. en-us Mon, 22 Feb 2021 00:00:00 +0530 Tue, 29 Oct 2024 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404755 The HC dismissed both Tax Case Appeals, affirming the ITAT's directive for the Commissioner to register the Trust under Section 12AA and approve it under Section 80G(5) of the Income Tax Act. The Court emphasized the necessity for the Commissioner to evaluate the genuineness of Trust activities and not deny registration based solely on the timing of the application, particularly when the Trust had not yet commenced operations but demonstrated legitimate charitable objectives. The judgment underscored the importance of a thorough inquiry by the Commissioner under Section 12AA(3) to ensure fair assessment and decision-making. Case-Laws Income Tax Mon, 22 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404755