https://www.taxtmi.com/caselaws?id=467221 A charitable trust's registration and approval cannot be refused merely because it took a small temporary, interest-free and unsecured loan without prior permission under the Maharashtra Public Trust Act, where its objects and activities are otherwise charitable and genuine. The ITAT Pune noted that the loan default did not affect the trust's charitable character under section 2(15) of the Income-tax Act and that post-facto permission had also been sought. On that basis, refusal of registration under section 12A and approval under section 80G(5) was unsustainable, and both statutory benefits were directed to be granted. en-us Thu, 03 Apr 2025 00:00:00 +0530 Tue, 10 Mar 2026 16:15:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467221 A charitable trust's registration and approval cannot be refused merely because it took a small temporary, interest-free and unsecured loan without prior permission under the Maharashtra Public Trust Act, where its objects and activities are otherwise charitable and genuine. The ITAT Pune noted that the loan default did not affect the trust's charitable character under section 2(15) of the Income-tax Act and that post-facto permission had also been sought. On that basis, refusal of registration under section 12A and approval under section 80G(5) was unsustainable, and both statutory benefits were directed to be granted. Case-Laws Income Tax Thu, 03 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467221