https://www.taxtmi.com/caselaws?id=459690 ITAT Amritsar remanded the matter back to PCIT for fresh adjudication regarding denial of registration under section 12AA to a trust. The tribunal found that PCIT failed to properly consider evidence regarding the trust's charitable objects and activities. Key issues requiring examination included corpus donations from trustees lacking specific purpose, staff salaries below minimum wage requirements, and large surplus funds not redeployed for educational purposes. PCIT was directed to verify the charitable nature of activities and ensure they were not profit-making or for personal benefit. The appeal was allowed for statistical purposes. en-us Tue, 28 Feb 2023 00:00:00 +0530 Mon, 23 Dec 2024 20:05:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459690 ITAT Amritsar remanded the matter back to PCIT for fresh adjudication regarding denial of registration under section 12AA to a trust. The tribunal found that PCIT failed to properly consider evidence regarding the trust's charitable objects and activities. Key issues requiring examination included corpus donations from trustees lacking specific purpose, staff salaries below minimum wage requirements, and large surplus funds not redeployed for educational purposes. PCIT was directed to verify the charitable nature of activities and ensure they were not profit-making or for personal benefit. The appeal was allowed for statistical purposes. Case-Laws Income Tax Tue, 28 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459690