Registration U/s. 12AA cannot be denied for non-filing of books & vouchers

B.S.A. College Vs CIT (ITAT Agra) Under section 12AA, CIT (E) was entitled to see as to whether objects of assessee were charitable in nature, and also whether activities were genuine or not. Examination of genuineness of activities would mean to see that activities were not by way of camouflage or bogus or artificial and whether same were in accordance with objects of the institution. However, scope of such enquiry did not extend beyond that point and filing or non-filing of books and vouchers had nothing to do with genuineness of activities.   Under section 12AA of the Act, the Commissione...