Denial of final registration u/s. 12AB without proving non-charitable and non-genuine activity not justified

Siwanchi Oswal Jain Bhavan Trust Vs CIT (ITAT Bangalore) ITAT Bangalore held that no material brought on record by CIT(E) to suggest that the objectives are non-charitable or that the activities undertaken are not genuine. Thus, denial of final registration under section 12AB of the Income Tax Act not justified and matter remanded back for fresh adjudication. Facts- The assessee is public charitable trust established vide trust deed dated 1st September 2024 with the stated object to build, restore, renovate, and maintain places of worship, historical monuments, pilgrimage sites, and public pla...