2014 (10) TMI 222

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ORDER (Delivered by G. M. Akbar Ali,J.) This Tax Case (Appeal) is filed by the Revenue as against the order of the Income Tax Appellate Tribunal raising the following substantial questions of law: "1. Whether on the facts and circumstances of the case, the Tribunal was justified in granting registration under Section 12A, without considering the fact that the Trust had not commenced any activi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of the stated objects. The Commissioner also held that the trust had not shown sufficient money to carry out all/and any of its lofty objects, so ostensibly stated in the trust deed. As against the order of the Commissioner of Income Tax, the assessee preferred an appeal before the Tribunal. 3. The Tribunal, by order dated 24.6.2013, following the decision of the Karnataka High Court in the case .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... at the authority has got power to subsequently satisfy itself about the activities of such trust or institutions as to whether it is genuine or not and whether the trust is being conducted in accordance with the objects of the trust and the authority has got the power to pass an order cancelling the registration of the trust or the institution. We find that the above provisions enables the authori .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X