No exemption u/s 11 to charitable trust in case it was not registered u/s 12AA

Langar Committee Hanuman Mandir Vs ITO (ITAT Amritsar) Conclusion: Exemption under section 11 in respect on the ‘surplus’ reflected by assessee’s  accounts was denied by AO because assessee was not registered under section 12AA, however, the matter was remanded back to AO to verify as to whether expenditure were actually incurred for the purposes of the running the institution or organizing its’ activities which was allowable as deduction from surplus and assessee was directed to establish its bona fides before claiming the exemption. Held: Assessee, a society with charitable and ...