This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
New trust entitled for Section 12AA registration despite no activity: SC
Case Law Details
- Case Name
- Anand Social and Educational Trust Vs CIT & Anr. (Supreme Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- Supreme Court of India
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Anand Social and Educational Trust Vs CIT & Anr. (Supreme Court)
Whether a newly formed trust is entitled for registration under Section 12AA of the Income Tax Act, 1961 even if any activity has not been undertaken as yet?
In brief, section 12AA of the Act empowers the Principal Commissioner or the Commissioner of the Income Tax on receipt of an application for registration of a trust to call for such documents as may be necessary to satisfy himself about the genuineness of activities of the trust or institution and make inquiries in that behalf; it empowers the Commissioner to thereupon r...
