Section 13(1)(b) applies only during assessment not during 12AB registration

Nishkalank Mahadev Koliyak Vs CIT (ITAT Ahmedabad) ITAT Ahmedabad rules Section 13(1)(b) applies only during assessment, not registration, remands trust 12AB application to CIT(E); ITAT: Trust Registration Cannot Be Denied Solely on Grounds Applicable During Assessment; Ahmedabad Bench Remands Case, Cites Jurisdictional High Court Precedent Ahmedabad: The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench, has directed the Commissioner of Income Tax (Exemptions) [CIT(E)] to reconsider an application for registration of a trust under Section 12AB of the Income Tax Act, 1961. The Tribunal f...