[aaykarbhavan] Mere proposal to carry on commercial activities in future won't lead to denial of sec. 12A registration to trust

Mere proposal to carry on commercial activities in future won't lead to denial of sec. 12A registration to trust

November 15, 2014[2014] 50 taxmann.com 80 (Karnataka)/[2014] 226 Taxman 154 (Karnataka)(MAG.)

IT: Where assessee-trust had merely proposed to carry on business activity in future to support its charitable purposes, registration under section 12A could not be rejected

 

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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