https://www.taxtmi.com/caselaws?id=762104 ITAT Jaipur allowed the appeal against CIT(E)'s rejection of registration under section 12AB. The trust's registration was denied based on allegations that it engaged in profit-making activities contrary to charitable purposes under section 2(15). ITAT found no evidence that trust objects were profit-oriented, noting the deed specifically stated activities would not earn profit. Regarding alleged unauthorized activities, ITAT determined events were organized by an individual, not the trust, with no expenses incurred by the trust. CIT(E) erred in concluding trust activities violated its objects. The rejection order was set aside and CIT(E) directed to register the trust in accordance with law. en-us Tue, 15 Oct 2024 00:00:00 +0530 Mon, 25 Nov 2024 08:45:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762104 ITAT Jaipur allowed the appeal against CIT(E)'s rejection of registration under section 12AB. The trust's registration was denied based on allegations that it engaged in profit-making activities contrary to charitable purposes under section 2(15). ITAT found no evidence that trust objects were profit-oriented, noting the deed specifically stated activities would not earn profit. Regarding alleged unauthorized activities, ITAT determined events were organized by an individual, not the trust, with no expenses incurred by the trust. CIT(E) erred in concluding trust activities violated its objects. The rejection order was set aside and CIT(E) directed to register the trust in accordance with law. Case-Laws Income Tax Tue, 15 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762104