2011 (2) TMI 1447

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.... the Respondent: Shri Shaji P. Jacob O R D E R PER BENCH : These appeals filed by the assessee against the common order passed by the Director of Income Tax (Exemptions), Chennai, dated 28.05.2010 rejecting the applications filed by the assessee for registration under section 12AA and in Form 10G for exemption under section 80G of the Income-tax Act, 1961 (hereinafter called as "the Act")....

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....es for domestic and overseas markets. (c) Clause 3(f) states to provide arbitration in respect of settlement of disputes arising in the course of trade, services, vacations industry or other business matters of community. Considering the above activities of the assessee-Trust as noncharitable and would not fall within the ambit of section 2(15) of the Act, the DIT(Exemptions) rejected grant ....

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....(5) The Commissioner of Income Tax erred in making observations that some of the activities of the society are not charitable without applying his mind to the nature of the activities of the society in the proper viewpoint. Documentary evidence about the activities of the Trust had been ignored. (6) In any event the conclusion of the Commissioner of Income Tax is hyper technical and superfluous....

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....the Trust. We find that the objects of the Trust are charitable in nature and the CIT was wrong in rejecting the registration on some frivolous issues instead of examining the genuineness of the Trust, activities of the Trust and to make necessary enquiries which he may deem necessary in his behalf. 4. From the reading of section 12AA, we note that the only duty of the CIT was to satisfy himsel....