https://www.taxtmi.com/caselaws?id=780937 ITAT MUMBAI (AT) held that a trustee's deed provision permitting application of funds outside India cannot by itself justify denial of registration under section 12AB. The tribunal found that the possibility of expenditure abroad may affect exemption under section 11(1) but does not amount to contravention warranting refusal of registration. The matter was remitted to the CIT(E) to decide the final registration application on merits, applying this ratio. en-us Mon, 27 Oct 2025 00:00:00 +0530 Sat, 08 Nov 2025 08:30:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780937 ITAT MUMBAI (AT) held that a trustee's deed provision permitting application of funds outside India cannot by itself justify denial of registration under section 12AB. The tribunal found that the possibility of expenditure abroad may affect exemption under section 11(1) but does not amount to contravention warranting refusal of registration. The matter was remitted to the CIT(E) to decide the final registration application on merits, applying this ratio. Case-Laws Income Tax Mon, 27 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780937