#Section 12AA
Log in to FollowSection 12AA of Income-Tax Act, 1961 deals with Procedure for Registration of a Charitable Trust or institution
Income Tax
Income Tax
Exemption to Charitable institution cannot be denied on the basis of a hypothetical assumption of an event that will happen in future
Income Tax
Income Tax
Once CIT grants registration u/s 12AA,He can not cancel the same if activities are in accordance with objects
Income Tax
Income Tax
Benefits granted to a charitable institution cannot be extended to its substantially amended objects
Income Tax
Income Tax
Registration of institution u/s 12AA cannot be cancelled if its receipts from trade, commerce, etc., exceeds Rs.10Lakhs/Rs.25 Lakhs limit u/s 2(15)
Income Tax
Income Tax
Holding of classes not mandatory to qualify as educational institution
Income Tax
Income Tax
S. 12AA CIT can cancel registration even after grant – High profit Ratio cannot be ground for rejection
Income Tax
Income Tax
While processing application u/s. 12AA of the Act Commissioner should not act as an Assessing Authority
Income Tax
Income Tax
Income Tax provisions related to Charitable Trust
Income Tax
Income Tax
Budget 2010-11: Power of Commissioner to Cancel registration obtained by trust under section 12A
Income Tax
Income Tax
While granting registration u/s 12AA Commissioner not expected to see other provisions of the Income Tax Act, 1961
Income Tax
Income Tax
Registration U/s. 12A cannot be denied if CIT not doubted genuineness of activities of trust
Income Tax
Income Tax
