Resolution for dealing with situation of dissolution to be considered while granting final approval u/s. 80G

Sanand Nyas Vs CIT (Exemption) (ITAT Indore)

ITAT Indore held that trust has passed resolution dealing with dissolution and utilization of assets in event of dissolution. Accordingly, the said resolution must be accepted by CIT(E) for granting final approval under section 80G of the Income Tax Act. Thus, matter remanded to the file of CIT(E).

Facts- The assessee is a public charitable trust established in the year 1993 by a Trust-Deed dated 26.09.1993. The assessee got registration under the M.P. Public Trust Act, 1951 w.e.f. 29.09.2003. The assessee was al

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