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Registration granted U/s. 12AA(3) cannot be withdrawn on mere presumptions and surmises
Case Law Details
- Case Name
- CIT Vs M/s. Apeejay Education Society (Punjab & Haryana High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Punjab and Haryana HC
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Section 12AA, which lays down the procedure for registration, does not speak anywhere that the CIT, while considering the application for registration, shall also see that the income derived by the trust or the institution is either not being spent for charitable purpose or such institution is earning profit.
The language used in the section only requires that activities of the trust or the institution must be genuine. The profit earning or misuse of the income derived by charitable institution from its charitable...
