https://www.taxtmi.com/caselaws?id=420884 The Tribunal allowed the appeal against the rejection of registration under section 12AA by the Ld. CIT(E), holding that a Trust formed for Corporate Social Responsibility (CSR) activities is eligible for registration if its objects align with charitable activities. Despite concerns raised about tax liability reduction, the Tribunal emphasized the genuine charitable nature of the Trust's activities, citing past precedents where registration was granted to Trusts formed for CSR obligations. Consequently, the Tribunal directed the Ld. CIT(Exemptions) to provide registration to the Trust based on its charitable nature and compliance with relevant laws. en-us Fri, 08 Apr 2022 00:00:00 +0530 Mon, 11 Apr 2022 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420884 The Tribunal allowed the appeal against the rejection of registration under section 12AA by the Ld. CIT(E), holding that a Trust formed for Corporate Social Responsibility (CSR) activities is eligible for registration if its objects align with charitable activities. Despite concerns raised about tax liability reduction, the Tribunal emphasized the genuine charitable nature of the Trust's activities, citing past precedents where registration was granted to Trusts formed for CSR obligations. Consequently, the Tribunal directed the Ld. CIT(Exemptions) to provide registration to the Trust based on its charitable nature and compliance with relevant laws. Case-Laws Income Tax Fri, 08 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420884