2025 (6) TMI 1120

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....le trust constituted under Mumbai Public Trust Act, 1950 vide certificate dated 20.06.2023. Assessee has claimed to have commenced its activities on 20.06.2023. Main objects of the assessee trust include carrying out the activity of Medical Aid, Providing Educational facility, Health Awareness to Mother and Child etc. Assessee applied for registration u/s.12A of the Act by filing Form 10AB on 29.03.2024. Various details called for by ld.CIT(E) were supplied by the assessee. However, ld.CIT(E) rejected the application solely on the ground that the assessee has only submitted one bill of receipt book of Rs. 2,800/-, ledger details of printing & stationary amounting to Rs. 2,800/- and medical aid bill of Rs. 2,100/-. Ld.CIT(E) also observed th....

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....r donations have been received and duly credited in the bank account, expenditure have been incurred and in subsequent year the activities have also increased. He therefore prayed that registration u/s.12A of the Act may be granted. 5. On the other hand, Ld. Departmental Representative vehemently argued supporting the orders of the authorities below. 6. We have heard the rival submissions and perused the record placed before us. Assessee is aggrieved with the impugned order wherein ld.CIT(E) has rejected the assessee's application for regular registration u/s.12A of the Act. We observe that the assessee trust was formed and registered during F.Y. 2023-24 and its activities are claimed to have been commenced on 20.06.2023. Assessee made va....