Dissolution clause not mandatory for registration u/s 12A

Shaheed Bhagat Singh Educational Society Vs CIT(Exemption) (ITAT Amritsar)

It is not obligatory for the assessee for maintain dissolution clause which will not be the issue for rejection of registration u/s 12A of the Act. Accordingly the registration U/s 12A could not be denied to the assessee-society for non maintain the dissolution clause.

Facts- The appellant is a society registered u/s Society Registration Act, 1860. The society filed an application for registration u/s 12A in Form No.10A on 20.06.2019 before the ld. CIT(E). The ld. CIT(E) rejected the application in the following reasons;

i. Absence of dissolution clause in the Memorandum Of Association.

ii. The aims and objects of the trust includes running of coaching centre, technical and professional institute which are not covered u/s 2(15) for charitable purpose.

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