https://www.taxtmi.com/caselaws?id=769357 The HC upheld ITAT's decision granting registration u/s 12AA to a trust despite revenue's denial based on allegations of trade/commerce activities. The court held that the Commissioner must evaluate trust objects and activity genuineness per statutory requirements. Relying on SC precedent, the court ruled that newly registered trusts are entitled to registration based on charitable objects without requiring prior activities. The nature of donor activities cannot determine the trust's character. Since ITAT found the trust's objects genuinely charitable and revenue failed to contradict this finding, the registration was properly granted. Decision favored the trust against revenue. en-us Thu, 17 Apr 2025 00:00:00 +0530 Thu, 24 Apr 2025 09:13:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769357 The HC upheld ITAT's decision granting registration u/s 12AA to a trust despite revenue's denial based on allegations of trade/commerce activities. The court held that the Commissioner must evaluate trust objects and activity genuineness per statutory requirements. Relying on SC precedent, the court ruled that newly registered trusts are entitled to registration based on charitable objects without requiring prior activities. The nature of donor activities cannot determine the trust's character. Since ITAT found the trust's objects genuinely charitable and revenue failed to contradict this finding, the registration was properly granted. Decision favored the trust against revenue. Case-Laws Income Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769357