https://www.taxtmi.com/caselaws?id=457125 ITAT Lucknow set aside CIT(E)'s order denying registration under section 12AA of IT Act. The tribunal held that registration requires satisfaction of two conjunctive tests: charitable nature of objects and genuineness of charitable activities. The CIT(E) failed to examine the trust's objects or genuineness of activities. Finding insufficient materials to determine genuineness, ITAT directed CIT(E) to pass fresh order after providing reasonable opportunity to the assessee and specifically examining both charitable objects and genuineness of activities. Appeal partly allowed for statistical purposes. en-us Mon, 21 Aug 2023 00:00:00 +0530 Fri, 06 Sep 2024 20:52:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457125 ITAT Lucknow set aside CIT(E)'s order denying registration under section 12AA of IT Act. The tribunal held that registration requires satisfaction of two conjunctive tests: charitable nature of objects and genuineness of charitable activities. The CIT(E) failed to examine the trust's objects or genuineness of activities. Finding insufficient materials to determine genuineness, ITAT directed CIT(E) to pass fresh order after providing reasonable opportunity to the assessee and specifically examining both charitable objects and genuineness of activities. Appeal partly allowed for statistical purposes. Case-Laws Income Tax Mon, 21 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457125