https://www.taxtmi.com/caselaws?id=448892 The ITAT Delhi upheld the decision of the Ld. CIT (Exemption), Chandigarh, denying the appellant trust registration under section 80G(5)(vi) of the Act. The denial was based on the trust's accumulation of large surpluses and lack of clarity regarding its target group for donations and public benefit. The appellant failed to provide evidence for its claims of requiring donations for non-recurring expenses. Consequently, the appeal was dismissed, and the denial of approval was sustained. en-us Tue, 30 Jan 2024 00:00:00 +0530 Thu, 01 Feb 2024 07:45:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448892 The ITAT Delhi upheld the decision of the Ld. CIT (Exemption), Chandigarh, denying the appellant trust registration under section 80G(5)(vi) of the Act. The denial was based on the trust's accumulation of large surpluses and lack of clarity regarding its target group for donations and public benefit. The appellant failed to provide evidence for its claims of requiring donations for non-recurring expenses. Consequently, the appeal was dismissed, and the denial of approval was sustained. Case-Laws Income Tax Tue, 30 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448892