Registration of trust under section 12A IT Act 1961

Last updated: 16 May 2013

Court :
INCOME TAX APPELLATE TRIBUNAL

Brief :
At the time of hearing before us, it was stated by the learned counsel that the DIT(Exemptions), vide his order dated 29th September, 2010, refused to register the trust. However, subsequently, the same DIT(Exemptions), vide order dated 6th April, 2011, registered the trust with effect from AY 2011-12. He stated that in the above process, the assessee would not be able to claim exemption under Section 11 for AY 2010-11. He stated that the subsequent order by the DIT(Exemptions) clearly proves that the assessee has fulfilled all the conditions for registration under Section 12A. He, therefore, submitted that the DIT(Exemptions) should be directed to grant the registration under Section 12A as sought for by the assessee’s application dated 30th March, 2010 so that the assessee is entitled for claiming exemption under Section 11 for AY 2010-11 also.

Citation :
The Miki and Puni Daulet Singh Charitable Trust, Flat No.5, 11, Aurangzeb Road, New Delhi – 110 011. (Appellant) Vs.Director of Income Tax (Exemptions), Plot No.15, 3rd Floor, Aaykar Bhawan, Laxmi Nagar District Centre, Delhi – 110 092.(Respondent)