Section 12AA registration cannot be denied for mere non-spend of income for charitable activities

Dr. NT Ghatte Charitable Trust Vs. CIT (ITAT Pune)

Merely because the trust has not spent any amount of its income for charitable activities and the fact that the trust has not spent any amount of income for charitable purpose does not amount to carrying on the activities contrary to its objects.

The submission of the learned Commissioner–Departmental Representative the matter be remanded to the learned Commissioner (Exemption) for fresh examination cannot be acceded to for the reaso

Please become a Premium member. If you are already a Premium member, login here to access the full content.