CIT(E) can’t look into genuineness of activity while dealing with trust’s application for registration u/s 12AA: HC

INCOME TAX : Section 12AA provides for procedure for registration and Commissioner at time of grant of registration is required to satisfy himself about objects of trust and genuineness of its activities and has to grant registration only if it is so satisfied; issue regarding satisfaction of genuineness of activity of a trust is not a matter which can be looked into at time of grant of registration under section 12AAINCOME TAX : Section 12AA provides for procedure for registration and Commissioner at time of grant of registration is required to satisfy himself about objects of trust and genuineness of its activities and has to grant registration only if it is so satisfied; issue regarding satisfaction of genuineness of activity of a trust is not a matter which can be looked into at time of grant of registration under section 12AAwww.taxmann.com Latest Case LawsRead More

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