https://www.taxtmi.com/caselaws?id=459105 ITAT Jaipur allowed the appeal of a trust seeking exemption under sections 11 and 12. The trust obtained registration under section 12AA on 8.7.2016 during pendency of appeal before CIT(A). The tribunal held that since registration was granted before disposal of appeal, the trust was entitled to exemption for the impugned assessment year. However, the matter was remanded to Assessing Officer to examine whether the trust's objects and activities remained same as in assessment year 2016-17, making exemption subject to this verification. en-us Mon, 07 Jan 2019 00:00:00 +0530 Sun, 01 Dec 2024 09:34:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459105 ITAT Jaipur allowed the appeal of a trust seeking exemption under sections 11 and 12. The trust obtained registration under section 12AA on 8.7.2016 during pendency of appeal before CIT(A). The tribunal held that since registration was granted before disposal of appeal, the trust was entitled to exemption for the impugned assessment year. However, the matter was remanded to Assessing Officer to examine whether the trust's objects and activities remained same as in assessment year 2016-17, making exemption subject to this verification. Case-Laws Income Tax Mon, 07 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459105