https://www.taxtmi.com/caselaws?id=774907 HC allowed trust's appeal for registration under Section 12AA after DIT(E) denied registration. Court held that applying for first-time registration after twenty years of trust deed execution is not barred by law. Trust qualified as public charitable trust despite lineal descendants becoming life trustees, as beneficiaries were general public, not family members. Supplementary trust deed was validly part of original deed without requiring Commissioner approval. Court rejected argument that trust must spend 50% of income for registration, distinguishing this from post-registration 85% spending requirement under Section 11. Surplus income alone doesn't indicate commercial operations without evidence of diversion to trustees' benefit. en-us Tue, 08 Jul 2025 00:00:00 +0530 Wed, 16 Jul 2025 08:17:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774907 HC allowed trust's appeal for registration under Section 12AA after DIT(E) denied registration. Court held that applying for first-time registration after twenty years of trust deed execution is not barred by law. Trust qualified as public charitable trust despite lineal descendants becoming life trustees, as beneficiaries were general public, not family members. Supplementary trust deed was validly part of original deed without requiring Commissioner approval. Court rejected argument that trust must spend 50% of income for registration, distinguishing this from post-registration 85% spending requirement under Section 11. Surplus income alone doesn't indicate commercial operations without evidence of diversion to trustees' benefit. Case-Laws Income Tax Tue, 08 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774907