2014 (10) TMI 1048

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....s a 'trust' created on 9.11.2012. Its trust deed comprises of the following objects: a) (i) To establish, maintain, develop any educational institution(s) for the benefit of the general public in India irrespective of caste, creed, religion or sex etc. ii) (a) To establish, take over, acquire, maintain, run, develop, improve, extend, grant donation for and to aid assist in the establishment, maintenance, running, development, improvement and extension of institutions providing general commercial, medical, technical education, industrial and other means of state/central board of education of play schools, kinder garden schools, elementary schools, secondary schools, high schools, higher secondary schools, matriculation scho....

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....o portion of it would be distributed in any manner to the Trustees or persons defined in Section 13(1)[c]of the Income tax Act 1961 vii) to provide assistance by giving grants, gifts or otherwise for the publication of books, periodicals and other reading matters as are educational calculated to be of use in imparting knowledge. viii) to arrange tours or visits or exhibitions which are of common use or benefit to the Educational Institutions and their pupils. ix) To conduct interschool, intercollegiate, interuniversity, interdistrict, interstate sports and competitions." 2. The assessee filed an application for registration u/s 12AA before the CIT on 31.10.2013. The same stands rejected as under: "3. T....

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....ust has generated huge amount of donations from the public but nothing was spent towards meeting out any of the objects defined in the Trust deed. Perusal of the details, evidences, documents furnished by the trust showed that the trust is only acting as a commercial organization by collecting donations from public and the question of carrying out 'charity' remains dubious issue. No supporting evidences in the form of documents/vouchers/material in proof of carrying out charitable activities were furnished by the trust. I am therefore, not convinced with the genuineness of the activities of ht trust and therefore unable to grant registration to the Trust since the applicant Trust has not complied with the requirements of section 12AA. There....