https://www.taxtmi.com/caselaws?id=419671 The Tribunal allowed the appeal of the assessee Trust, directing the CIT(E) to grant registration under section 12AA of the Income Tax Act. The Tribunal emphasized that the charitable nature of the Trust's objects and the genuineness of its activities were key factors in granting registration, rejecting the argument that the Trust was merely a captive in-house entity of its parent company. The decision highlighted that meeting CSR obligations did not preclude registration if the charitable nature of activities remained genuine. en-us Mon, 28 Feb 2022 00:00:00 +0530 Thu, 17 Mar 2022 08:33:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419671 The Tribunal allowed the appeal of the assessee Trust, directing the CIT(E) to grant registration under section 12AA of the Income Tax Act. The Tribunal emphasized that the charitable nature of the Trust's objects and the genuineness of its activities were key factors in granting registration, rejecting the argument that the Trust was merely a captive in-house entity of its parent company. The decision highlighted that meeting CSR obligations did not preclude registration if the charitable nature of activities remained genuine. Case-Laws Income Tax Mon, 28 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419671