https://www.taxtmi.com/caselaws?id=758880 ITAT Amritsar allowed the appeal for statistical purposes in a case involving rejection of registration under section 12A. The CIT(E) had rejected the application questioning whether the trust's activities were genuinely charitable as per its MoA, citing concerns about fund transfers on the same day to the same party. The tribunal found the CIT(E)'s observations were not casual and noted legitimate concerns about activity genuineness. However, applying principles of natural justice, ITAT set aside the order and remanded the matter back to CIT(E) with directions to pass a fresh order after providing reasonable opportunity to the assessee to prove its charitable claims. en-us Mon, 09 Sep 2024 00:00:00 +0530 Fri, 20 Sep 2024 08:31:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758880 ITAT Amritsar allowed the appeal for statistical purposes in a case involving rejection of registration under section 12A. The CIT(E) had rejected the application questioning whether the trust's activities were genuinely charitable as per its MoA, citing concerns about fund transfers on the same day to the same party. The tribunal found the CIT(E)'s observations were not casual and noted legitimate concerns about activity genuineness. However, applying principles of natural justice, ITAT set aside the order and remanded the matter back to CIT(E) with directions to pass a fresh order after providing reasonable opportunity to the assessee to prove its charitable claims. Case-Laws Income Tax Mon, 09 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758880