https://www.taxtmi.com/caselaws?id=472161 Renewal of charitable registration under Section 12AB cannot be refused merely because of surplus generation, land-sale profit, unexplained cash deposits, loan advances, or allegedly unsubstantiated expenditure where charitable objects and the genuineness of activities had already been accepted under Section 12AA. These matters concern verification of income and the application of funds, which must be examined during assessment proceedings rather than at the registration stage. Rejection on those grounds was unsustainable, and registration was required to be granted. en-us Wed, 10 Dec 2025 00:00:00 +0530 Thu, 01 Oct 2026 07:45:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472161 Renewal of charitable registration under Section 12AB cannot be refused merely because of surplus generation, land-sale profit, unexplained cash deposits, loan advances, or allegedly unsubstantiated expenditure where charitable objects and the genuineness of activities had already been accepted under Section 12AA. These matters concern verification of income and the application of funds, which must be examined during assessment proceedings rather than at the registration stage. Rejection on those grounds was unsustainable, and registration was required to be granted. Case-Laws Income Tax Wed, 10 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472161