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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Registration under Section 12AA refused - Whatever may be the ...


Section 12AA Registration Denied; Focus on Amended Objectives, Section 13(1)(b) Objections Irrelevant.

October 8, 2015

Case Laws     Income Tax     AT

Registration under Section 12AA refused - Whatever may be the correctness or otherwise of the said findings of the learned CIT, it is only the amended objects that have to be considered for purpose of grant of Registration. Thus, in our view, the objections of the ld. CIT with regard to the provisions of section 13(1)(b) of the Act, are therefore no longer relevant. - AT

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