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George Educational, Medical & ... vs Assistant Director Of Income Tax ... on 23 April, 2001

The decision of Karnataka High Court in the case Karunya Rural Health- care Society v. Director of Income-tax (Exemptions), [2012]24 taxmann.com 344, as relied upon by the assessee-trust, is very much relevant in this behalf; wherein, it has been held by the Hon'ble High Court that "once evidence produced disclosed that funds of trust are applied for carrying on charitable activities, purpose of establishing trust is fully satisfied and it does not matter that assessee is carrying on charitable activity through another trust." Therefore, in view of the foregoing, I see aside the impugned order dated 28.9.2012 passed by the ld. Commissioner of Income-tax, Rajkot-1 u/s. 12AA(1)(b)(ii) and direct him to grant registration to the assessee-trust under section 12A of the Act."
Income Tax Appellate Tribunal - Cochin Cites 31 - Cited by 3 - Full Document
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