https://www.taxtmi.com/caselaws?id=778426 SC held that the trust's object of constructing houses for tsunami victims met the twin conditions of Section 12AA and the ld. Director of Income-tax (Exemptions) should have granted registration. The Court found the HC and ITAT correct in treating the trust's activities as prima facie genuine and reaffirmed that entitlement to exemption under Sections 11 and 12 is to be determined during assessment, not at the registration stage. The appeal was decided in consonance with prior three-judge bench authority, directing registration in favour of the trust. en-us Thu, 15 May 2025 00:00:00 +0530 Tue, 16 Sep 2025 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778426 SC held that the trust's object of constructing houses for tsunami victims met the twin conditions of Section 12AA and the ld. Director of Income-tax (Exemptions) should have granted registration. The Court found the HC and ITAT correct in treating the trust's activities as prima facie genuine and reaffirmed that entitlement to exemption under Sections 11 and 12 is to be determined during assessment, not at the registration stage. The appeal was decided in consonance with prior three-judge bench authority, directing registration in favour of the trust. Case-Laws Income Tax Thu, 15 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778426