https://www.taxtmi.com/caselaws?id=758025 Registration under section 12AB requires compliance with the applicable statutory regime governing the assessee and proof of genuineness of activities. Non-registration under the Rajasthan Public Trust Act, 1959 was treated as a valid ground to refuse income-tax registration, because state-law compliance was a mandatory consideration in the exemption process. The authority also noted that the assessee failed to furnish requested records, including financial statements, vouchers, bank details, and activity particulars, so genuineness of activities could not be verified. On both grounds, rejection of the registration application was upheld. en-us Wed, 03 Jul 2024 00:00:00 +0530 Wed, 04 Sep 2024 16:42:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758025 Registration under section 12AB requires compliance with the applicable statutory regime governing the assessee and proof of genuineness of activities. Non-registration under the Rajasthan Public Trust Act, 1959 was treated as a valid ground to refuse income-tax registration, because state-law compliance was a mandatory consideration in the exemption process. The authority also noted that the assessee failed to furnish requested records, including financial statements, vouchers, bank details, and activity particulars, so genuineness of activities could not be verified. On both grounds, rejection of the registration application was upheld. Case-Laws Income Tax Wed, 03 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758025