https://www.taxtmi.com/caselaws?id=446207 ITAT Amritsar allowed the appeal of a trust formed to implement CSR activities, directing CIT(E) to grant registration under section 12AA. The tribunal held that CIT(E) must only examine two parameters: charitable nature of objects and genuineness of activities. The fact that the trust receives donations from profit-making companies for CSR implementation does not disqualify it from registration. CIT(E) cannot reject registration based on future exemption eligibility under section 11, which falls within the assessing officer's domain during assessment proceedings. en-us Tue, 12 Sep 2023 00:00:00 +0530 Fri, 01 Dec 2023 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446207 ITAT Amritsar allowed the appeal of a trust formed to implement CSR activities, directing CIT(E) to grant registration under section 12AA. The tribunal held that CIT(E) must only examine two parameters: charitable nature of objects and genuineness of activities. The fact that the trust receives donations from profit-making companies for CSR implementation does not disqualify it from registration. CIT(E) cannot reject registration based on future exemption eligibility under section 11, which falls within the assessing officer's domain during assessment proceedings. Case-Laws Income Tax Tue, 12 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446207