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TMI Blog2016 (11) TMI 330X X X X Extracts X X X X X X X X Extracts X X X X ..... o grant of registration. If the objects of the trust have objects which are charitable in nature and if there is no material to suggest that the activities of the trust are not genuine, then that would be sufficient to allow registration subject to fulfillment of other conditions for grant of registration. We are therefore of the view that the Assessee is entitled to grant of registration u/s.12AA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2015 passed by the CIT (Exemption), Kolkata passed u/s.80G (5) (vi) of the Income-tax Act 1961(Act). 2. The assessee is trust which came into existence by a deed of trust dated 22.12.2014. It made an application for registration u/s12AA of the Income Tax Act, 1961 (Act) before the Ld. Commissioner of Income Tax (Exemptions), Kolkata (CIT(E) for short) on 07.04.2014. The Society appeared before ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion is being denied. The Provisions of Sec.12AA of the Act reads thus: 12AA. (1) The Principal Commissioner or Commissioner, on receipt of an application for registration of a trust or institution made under clause (a) or clause (aa) of sub-section (1) of section 12A, shall- (a) call for such documents or information from the trust or institution as he thinks necessary in order to sati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... we are of the view that the Assessee is entitled to grant of registration. If the objects of the trust have objects which are charitable in nature and if there is no material to suggest that the activities of the trust are not genuine, then that would be sufficient to allow registration subject to fulfillment of other conditions for grant of registration. We are therefore of the view that the Ass ..... X X X X Extracts X X X X X X X X Extracts X X X X
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