PCIT's Conditions for Trust Registration u/s 12A Deemed Legally Unsustainable; Compliance Focus Remains Key for Exemption.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Exemption u/s 11 - registration u/s 12AB - Conditions imposed by the CIT - The role of the Ld. PCIT while according registration under section 12A is only to make himself satisfied about the genuineness of the activities to be carried out by the assessee trust and the compliance of such requirement of any other law for the time being in force by the trust or institution material to achieve its object and then to accord the registration. - Conditions imposed by the Ld. PCIT while according registration under section 12A of the Act are not sustainable in the eyes of law - AT....