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Showing contexts for: charitable trust objects in M/S Santosh Foundation , Rampura Phul vs Commissioner Of Income Tax ... on 12 September, 2023Matching Fragments
4. Therefore, now coming to the actual position of the case, it is crystal clear that the trust cannot be treated s an ongoing entity, so, for the purpose of granting registration to the trust, the only factor to be considered is the charitable nature of the aims and objectives of the trust and its intention of carrying out charitable activities for the public at large.
5. For this condition, the CIT(ex.) has himself agreed to the chartable nature of the aims and objectives of the trust as evident from the quoted para 6 on the other side of this table.
2. Without prejudice to the above, even if the Applicant Trust has been created to redeem the CSR function of any company and it has been established by the objects that the Trust is fully engaged in charitable activities then the same is entitled of registration u/s 12AA of the Act.
Reliance in this regard is paled on the following two judgments of ITAT, Delhi:
• Nanak Chand Jain Charitable Trust vs. CIT (Ex.) (2018) 91 taxmann.com 197 dated 09.02.2018 (placed at Page No. 1-6 of Judgment Set) • Escorts Skill Development vs. CIT(Ex.) in ITA No. 527/Del/2017 dated 26.04.2019 (placed at Page No. 7-18 of Judgment Set)