https://www.taxtmi.com/caselaws?id=410631 The Tribunal allowed the appeal in favor of the assessee, directing the CIT (Exemption) to grant registration u/s. 12AA to the trust. The Tribunal clarified that tax payment on income assessed is not a prerequisite for registration, emphasizing the separation of registration and assessment processes. It ruled that denial of registration based on tax issues was unjustified, highlighting the focus should be on the trust's charitable nature and activities during registration. The decision underscores the distinction between registration and assessment proceedings under the Income Tax Act, ensuring tax assessment issues do not hinder registration for charitable trusts. en-us Mon, 26 Jul 2021 00:00:00 +0530 Fri, 06 Aug 2021 09:12:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410631 The Tribunal allowed the appeal in favor of the assessee, directing the CIT (Exemption) to grant registration u/s. 12AA to the trust. The Tribunal clarified that tax payment on income assessed is not a prerequisite for registration, emphasizing the separation of registration and assessment processes. It ruled that denial of registration based on tax issues was unjustified, highlighting the focus should be on the trust's charitable nature and activities during registration. The decision underscores the distinction between registration and assessment proceedings under the Income Tax Act, ensuring tax assessment issues do not hinder registration for charitable trusts. Case-Laws Income Tax Mon, 26 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410631