No Activity Requirement to Deny 12AB & 80G for Newly Formed Charities: ITAT Delhi  

Rare Cancer Care Foundation Vs ITO (ITAT Delhi) New Charitable Institution Entitled to 12AB & 80G – Lack of Activities No Ground for Denial: ITAT Delhi Delhi ITAT  has delivered an important ruling in favour of newly incorporated charitable organisations, holding that the absence of past activities or expenditure cannot be a ground for denying registration u/s 12AB or approval u/s 80G when the objects are charitable & genuine. Assessee, Rare Cancer Care Foundation, is a Section 8 non-profit company incorporated on 05.01.2022 with the primary objective of promoting cancer awareness &...