https://www.taxtmi.com/caselaws?id=410930 The Tribunal ruled in favor of the Federation of Democratic Voice, setting aside the rejection of its application for registration under section 12AA of the Income Tax Act. The Tribunal emphasized that registration cannot be denied solely based on the timing of charitable activities initiation, especially when the company applied promptly after formation. It highlighted that the focus at the registration stage should be on the genuineness of the objects, not the activities, which can be examined during assessment proceedings. The Tribunal directed the Commissioner to grant registration under section 12AA to the assessee. en-us Wed, 11 Aug 2021 00:00:00 +0530 Fri, 13 Aug 2021 08:51:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410930 The Tribunal ruled in favor of the Federation of Democratic Voice, setting aside the rejection of its application for registration under section 12AA of the Income Tax Act. The Tribunal emphasized that registration cannot be denied solely based on the timing of charitable activities initiation, especially when the company applied promptly after formation. It highlighted that the focus at the registration stage should be on the genuineness of the objects, not the activities, which can be examined during assessment proceedings. The Tribunal directed the Commissioner to grant registration under section 12AA to the assessee. Case-Laws Income Tax Wed, 11 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410930