https://www.taxtmi.com/caselaws?id=407847 The Appellate Tribunal set aside the CIT (Exemption)'s rejection of an application for approval under section 12AA of the Income Tax Act, emphasizing the need to consider specific documents submitted by the assessee. The Tribunal highlighted that Rule 17A does not mandate trust deed registration but requires evidence of trust creation. The Tribunal instructed a fresh adjudication, directing the CIT (Exemption) to review the documents and Gujarat High Court's observations. The appeal was allowed for statistical purposes, stressing the importance of verifying evidential documents. en-us Tue, 04 May 2021 00:00:00 +0530 Mon, 24 May 2021 08:37:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407847 The Appellate Tribunal set aside the CIT (Exemption)'s rejection of an application for approval under section 12AA of the Income Tax Act, emphasizing the need to consider specific documents submitted by the assessee. The Tribunal highlighted that Rule 17A does not mandate trust deed registration but requires evidence of trust creation. The Tribunal instructed a fresh adjudication, directing the CIT (Exemption) to review the documents and Gujarat High Court's observations. The appeal was allowed for statistical purposes, stressing the importance of verifying evidential documents. Case-Laws Income Tax Tue, 04 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407847