https://www.taxtmi.com/caselaws?id=459267 The ITAT Amritsar allowed the appeals filed by a trust seeking registration under section 12AB and approval under section 80G for CSR and charitable activities. The CIT (Exemptions) had rejected the applications without identifying specific deficiencies in the trust's objects or activities, violating section 2(15) provisions. The trust had submitted audited financial statements and supporting documents for expenditure incurred on CSR activities. The ITAT found the CIT's rejection orders to be non-speaking and arbitrary, particularly regarding the composition of trustees being restrictive, despite the trust deed allowing up to seven trustees with no legal restrictions preventing company directors from serving as trustees. The matter was remanded back to CIT for fresh adjudication. en-us Wed, 13 Sep 2023 00:00:00 +0530 Fri, 06 Dec 2024 18:57:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459267 The ITAT Amritsar allowed the appeals filed by a trust seeking registration under section 12AB and approval under section 80G for CSR and charitable activities. The CIT (Exemptions) had rejected the applications without identifying specific deficiencies in the trust's objects or activities, violating section 2(15) provisions. The trust had submitted audited financial statements and supporting documents for expenditure incurred on CSR activities. The ITAT found the CIT's rejection orders to be non-speaking and arbitrary, particularly regarding the composition of trustees being restrictive, despite the trust deed allowing up to seven trustees with no legal restrictions preventing company directors from serving as trustees. The matter was remanded back to CIT for fresh adjudication. Case-Laws Income Tax Wed, 13 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459267