https://www.taxtmi.com/caselaws?id=766652 Objections to final registration under section 12AB were examined issue-wise and were found insufficient to defeat charitable status. Advances shown in the accounts were treated as land acquisition for a proposed hospital, not diversion of funds; disputes over professional fees and incentive payments were regarded as matters for assessment, especially where records and TDS supported the expenditure. Higher receipts were explained by the cash system of accounting, and cancellation of nursing college affiliation was held irrelevant because the hospital activity continued. Salary particulars were furnished, surplus did not bar registration where applied for charitable purposes, and rent paid to a related HUF was not shown to be excessive. Rejection of registration was therefore not justified. en-us Thu, 27 Feb 2025 00:00:00 +0530 Sat, 01 Mar 2025 08:25:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766652 Objections to final registration under section 12AB were examined issue-wise and were found insufficient to defeat charitable status. Advances shown in the accounts were treated as land acquisition for a proposed hospital, not diversion of funds; disputes over professional fees and incentive payments were regarded as matters for assessment, especially where records and TDS supported the expenditure. Higher receipts were explained by the cash system of accounting, and cancellation of nursing college affiliation was held irrelevant because the hospital activity continued. Salary particulars were furnished, surplus did not bar registration where applied for charitable purposes, and rent paid to a related HUF was not shown to be excessive. Rejection of registration was therefore not justified. Case-Laws Income Tax Thu, 27 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766652