2010 (11) TMI 1105

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.... the assessee-trust are directed against separate orders of the ld. CIT-I, Madurai, dated 8.12.2009, rejecting the applications filed by the assessee for registration u/s 12AA and approval u/s 80G(5) of the Income-tax Act, 1961 (hereinafter referred to as 'the Act' for short). 2. Briefly stated, the facts of the case are that the assessee-trust was created by a trust deed dated 9.2.2009. ....

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....d the application for registration u/s 12AA of the Act. Consequently, he also rejected the application for approval u/s 80G(5) of the Act. 3. After considering the rival submissions, we find that the objects of the trust were found to be charitable although the trust has not started its activities. According to the ld. CIT, if the activities are not begun by the trust, its objects and genuineness....