In absence of trust deed CIT cannot consider Trust Registration Application

 A perusal of sub-section (1) Section 12AA would indicate that Principal Commissioner or Commissioner on receipt of application for registration of trust or institution made under clause (a) or clause (aa) of the sub-section 1 of section 12 A shall call for such documents or information from the trust or institution as he thinks necessary in order to satisfy himself about the genuineness of the activity of the trust. In other words, the ld. Commissioner is required to conduct an inquiry for satisfying himself about the genuineness of the trust. In the present case, the assessee was not having...