Trade Promotion Activities Recognized as Public Utility by ITAT in Trust Registration Case

Jewellers and Diamond Traders Association Vs CIT (Exemptions) (ITAT Chennai) The Jewellers and Diamond Traders Association (“the Association”) filed an appeal before the Income Tax Appellate Tribunal (ITAT), Chennai, challenging the rejection of its application for registration as a charitable trust under Section 12AB of the Income Tax Act, 1961 (“the Act”). The application had been rejected by the Commissioner of Income Tax (Exemption), Chennai [CIT(E)] on 25 March 2025, following the Association’s filing in Form No.10AB on 19 August 2024. The primary issue in dispute was whether th...