Registration to trust u/s. 12AB granted as exemption u/s. 11 not claimed: ITAT Ahmedabad

Swaminarayan Satsangis Organisation Vs CIT (Exemption) (ITAT Ahmedabad) ITAT Ahmedabad held that registration to trust under section 12AB of the Income Tax Act granted since assessee demonstrated that exemption under section 11 of the Income Tax Act is not claimed. Accordingly, appeal allowed. Facts- The solitary plea of the assessee, vide the present appeal, is with regard to denial of grant of registration by CIT(E). Notably, the assessee-trust had sought registration as a charitable entity under the new regime provided u/s.12AB of the Act. The assessee-trust had applied for registration as ...