https://www.taxtmi.com/caselaws?id=780256 ITAT PUNE - AT dismissed the Revenue's appeal, upholding the CIT(A)'s allowance of the trust's exemption claim under sections 11 and 12 and overturning the AO's treatment of the trust as an AOP. The Tribunal relied on a co-ordinate bench decision that set aside the CIT(Exemption)'s cancellation of 12A/12AB registration and directed re-registration. Prior HC precedent also favored the trust on the lease-term issue. Identical earlier findings preclude re-litigation; the trust remains eligible for exemption. en-us Wed, 08 Oct 2025 00:00:00 +0530 Mon, 27 Oct 2025 09:17:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780256 ITAT PUNE - AT dismissed the Revenue's appeal, upholding the CIT(A)'s allowance of the trust's exemption claim under sections 11 and 12 and overturning the AO's treatment of the trust as an AOP. The Tribunal relied on a co-ordinate bench decision that set aside the CIT(Exemption)'s cancellation of 12A/12AB registration and directed re-registration. Prior HC precedent also favored the trust on the lease-term issue. Identical earlier findings preclude re-litigation; the trust remains eligible for exemption. Case-Laws Income Tax Wed, 08 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780256