- Sec. 12AA – M/s Shreedhar Sewa Trust Asharfi Bhawan vs. CIT
ITA No. 33 of 2017
At the time of registration of a charitable institution u/s 12AA, the CIT is not required to look into the activities, where such activities have not or are in the process of its initiation. The registration cannot be refused on the ground that the trust has not yet commenced the charitable or religious activity. At this stage, only the genuineness of the objects has to be tested and not the activities, unless such activities have commenced
- S.V. Gopala Rao vs. CIT (SC)
Civil Appeal no.4901/2010
The CBDT issued Circular u/s 119 of IT Act,1961 to amend the provisions contained in Rule 68B of Schedule II which otherwise have statutory force. Such legislative provisions cannot be amended by CBDT in exercise of its power u/s 119 of the Act. The High Court has, therefore, rightly held the circular ultra virus and quashed the same.