Section 80G Registration doesn’t Preclude Trust from availing Section 115BBC(2)(b) benefit

DCIT Vs Shree Sai Baba Sansthan Trust (ITAT Mumbai) Registration u/s 80G doesn’t automatically mean that Trust cannot avail benefit u/s 115BBC(2)(b) ITAT Mumbai held that merely because an assessee is registered u/s 80G of the Act will not automatically mean that such Trust cannot have any religious purpose and therefore cannot avail benefit of Section 115BBC(2)(b) of the Income Tax Act. Facts- The assessee is a public trust which was constituted in 1953 under the name and style of ‘ShirdiSansthan of Shri Sai Baba’, registered under the Bombay Public Trust Act. The case of the assessee w...