https://www.taxtmi.com/caselaws?id=769129 ITAT Ahmedabad upheld CIT(E)'s denial of registration under section 12AB to a trust. The trust's objects were exclusively for residents and members of a specific society, not for public benefit. The tribunal distinguished the case from precedent cited by the assessee, noting that unlike the precedent trust which had objects benefiting the general public, this trust served only a limited group. The denial was held justified under section 13(1)(b) provisions applicable to trusts created after the Act's commencement with restricted beneficiaries. en-us Thu, 17 Apr 2025 00:00:00 +0530 Sat, 19 Apr 2025 08:32:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769129 ITAT Ahmedabad upheld CIT(E)'s denial of registration under section 12AB to a trust. The trust's objects were exclusively for residents and members of a specific society, not for public benefit. The tribunal distinguished the case from precedent cited by the assessee, noting that unlike the precedent trust which had objects benefiting the general public, this trust served only a limited group. The denial was held justified under section 13(1)(b) provisions applicable to trusts created after the Act's commencement with restricted beneficiaries. Case-Laws Income Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769129