https://www.taxtmi.com/caselaws?id=775236 ITAT Bangalore allowed the appeal challenging rejection of registration under section 12AB. The assessee trust, established for educational purposes, was denied registration by CIT(E) who held that charitable activities had not commenced. ITAT found that CIT(E) failed to consider substantial evidence including lease deed for land acquisition with deposit paid, bank overdraft facility of Rs. 10 crores, bank statements from multiple banks showing activities, construction bills for school building, and purchase bills for building materials. The tribunal held that when a trust with educational objects constructs a school and makes substantial investments, its activities have already commenced and such evidence cannot be ignored. ITAT quashed CIT(E)'s order and remanded the matter with directions to examine the reply filed by assessee and decide the application in accordance with law after proper consideration of all submitted details. en-us Fri, 18 Jul 2025 00:00:00 +0530 Tue, 22 Jul 2025 08:25:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775236 ITAT Bangalore allowed the appeal challenging rejection of registration under section 12AB. The assessee trust, established for educational purposes, was denied registration by CIT(E) who held that charitable activities had not commenced. ITAT found that CIT(E) failed to consider substantial evidence including lease deed for land acquisition with deposit paid, bank overdraft facility of Rs. 10 crores, bank statements from multiple banks showing activities, construction bills for school building, and purchase bills for building materials. The tribunal held that when a trust with educational objects constructs a school and makes substantial investments, its activities have already commenced and such evidence cannot be ignored. ITAT quashed CIT(E)'s order and remanded the matter with directions to examine the reply filed by assessee and decide the application in accordance with law after proper consideration of all submitted details. Case-Laws Income Tax Fri, 18 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775236