https://www.taxtmi.com/caselaws?id=423676 ITAT Nagpur held that registration under section 12AA cannot be refused merely because a trust deed omits an express dissolution clause where the objects are charitable and the activities are genuine. The inquiry under section 12AA is limited to the charitable character of the objects and the genuineness of activities carried on in furtherance of those objects; on the facts, neither requirement was adversely found. The absence of a dissolution clause was treated as a technical defect, especially since the trust had submitted to the Charity Commissioner's jurisdiction and the Maharashtra Public Trust Act, 1950 addressed such contingencies. Registration was therefore to be granted. en-us Thu, 09 Jun 2022 00:00:00 +0530 Sat, 11 Jun 2022 09:01:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423676 ITAT Nagpur held that registration under section 12AA cannot be refused merely because a trust deed omits an express dissolution clause where the objects are charitable and the activities are genuine. The inquiry under section 12AA is limited to the charitable character of the objects and the genuineness of activities carried on in furtherance of those objects; on the facts, neither requirement was adversely found. The absence of a dissolution clause was treated as a technical defect, especially since the trust had submitted to the Charity Commissioner's jurisdiction and the Maharashtra Public Trust Act, 1950 addressed such contingencies. Registration was therefore to be granted. Case-Laws Income Tax Thu, 09 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423676