https://www.taxtmi.com/caselaws?id=768984 ITAT Indore held that CIT(E) cannot deny registration under section 12AB solely based on potential commercial activities mentioned in trust objects that have not been undertaken. The tribunal distinguished between registration eligibility and exemption computation, noting that commercial elements affect exemption only when actually conducted. CIT(E) was directed to grant section 12AB registration. Regarding section 80G approval denial, the tribunal remanded the matter back to CIT(E) for fresh adjudication after the assessee filed a timely fresh application following CBDT Circular 7/2024. en-us Wed, 11 Dec 2024 00:00:00 +0530 Tue, 15 Apr 2025 18:19:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768984 ITAT Indore held that CIT(E) cannot deny registration under section 12AB solely based on potential commercial activities mentioned in trust objects that have not been undertaken. The tribunal distinguished between registration eligibility and exemption computation, noting that commercial elements affect exemption only when actually conducted. CIT(E) was directed to grant section 12AB registration. Regarding section 80G approval denial, the tribunal remanded the matter back to CIT(E) for fresh adjudication after the assessee filed a timely fresh application following CBDT Circular 7/2024. Case-Laws Income Tax Wed, 11 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768984