Religious label doesn’t disqualify Trust—Bangalore ITAT revives 12AB registration plea

Kanva Maharishi Trust Vs CIT (Exemptions) (ITAT Bangalore)

Assessee, Kanva Maharishi Trust, a newly established public charitable trust, was granted provisional registration u/s12AB via Form 10AC on 22.10.2023. It applied for regular registration through Form 10AB on 30.05.2024. CIT(Exemptions), based on a verification report from the jurisdictional AO, rejected the application & cancelled the provisional registration, claiming the Trust had not commenced activities & appeared religious in nature.

Assessee argued that the Trust’s objects include charitable purp

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