Jain Trust denied tax exemption for promoting interests of particular religious community.

The Income Tax Appellate Tribunal (ITAT) upheld the denial of tax exemption registration under Section 12AB to a trust aimed at promoting the Jain community's interests. This decision was based on the trust's violation of Section 13(1)(b), which prohibits tax exemptions for trusts benefiting a specific religious community or caste established after the commencement of the Act. The denial was consistent with the amended law, requiring registration under Sections 12A and 12AA as prerequisites for claiming exemptions under Sections 11 and 12. The order by the Commissioner of Income Tax (Exemptions) was affirmed. .....

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