https://www.taxtmi.com/caselaws?id=438417 HC upheld the ITAT's grant of registration under section 12AA, finding the assessing authority had not demonstrated that the trust's activities were not genuine or that its surplus rendered it ineligible. The court relied on Supreme Court principles requiring continuous assessment of such institutions and noted revenue remains free to reassess and withdraw approval if conditions are not met in future years. No substantial question of law was found, and the ITAT's order allowing the appeal was sustained. en-us Tue, 09 May 2023 00:00:00 +0530 Sat, 20 Sep 2025 13:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438417 HC upheld the ITAT's grant of registration under section 12AA, finding the assessing authority had not demonstrated that the trust's activities were not genuine or that its surplus rendered it ineligible. The court relied on Supreme Court principles requiring continuous assessment of such institutions and noted revenue remains free to reassess and withdraw approval if conditions are not met in future years. No substantial question of law was found, and the ITAT's order allowing the appeal was sustained. Case-Laws Income Tax Tue, 09 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438417