https://www.taxtmi.com/caselaws?id=304570 The ITAT dismissed the Assessee's appeals and affirmed the denial of exemption under section 11(2) of the Income Tax Act 1961 due to the cancellation of Registration under section 12A. The ITAT held that the Assessee failed to demonstrate the utilization of donations for charitable purposes in line with trust objectives, leading to the conclusion that the Assessee's activities did not align with approved trust objectives. The judgment emphasized the significance of genuine charitable activities and compliance with trust objectives for eligibility for exemptions under the Income Tax Act 1961. en-us Thu, 12 Jul 2018 00:00:00 +0530 Thu, 06 Oct 2022 23:18:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304570 The ITAT dismissed the Assessee's appeals and affirmed the denial of exemption under section 11(2) of the Income Tax Act 1961 due to the cancellation of Registration under section 12A. The ITAT held that the Assessee failed to demonstrate the utilization of donations for charitable purposes in line with trust objectives, leading to the conclusion that the Assessee's activities did not align with approved trust objectives. The judgment emphasized the significance of genuine charitable activities and compliance with trust objectives for eligibility for exemptions under the Income Tax Act 1961. Case-Laws Income Tax Thu, 12 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304570