https://www.taxtmi.com/highlights?id=74074 Exemption u/s 11 - registration u/s 12AA - activity of running a Dharmashala for public at large - an activity in the nature of trade, commerce or business or not - absence of profit motive - since the actual activities of the trust cannot be the deciding factor while granting the registration u/s 12A but the object of the trust should have been looked into, the activities have to be looked into by the Assessing Officer at the time of assessment proceedings. - AT en-us Wed, 10 Jan 2024 10:27:34 +0530 Wed, 10 Jan 2024 10:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74074 Exemption u/s 11 - registration u/s 12AA - activity of running a Dharmashala for public at large - an activity in the nature of trade, commerce or business or not - absence of profit motive - since the actual activities of the trust cannot be the deciding factor while granting the registration u/s 12A but the object of the trust should have been looked into, the activities have to be looked into by the Assessing Officer at the time of assessment proceedings. - AT Highlights Income Tax Wed, 10 Jan 2024 10:27:34 +0530 https://www.taxtmi.com/highlights?id=74074