The
assessee trust filed applications in Form No. 10AB seeking registration
under Section 12AB of the Income-tax Act, 1961 and approval under Section
80G(5). The Commissioner of Income Tax (Exemptions), Lucknow rejected both
applications on the ground that the trust was not engaged in substantial
charitable activities and that the genuineness of its activities was not
established.
During
appellate proceedings, the assessee submitted that it had received limited
contributions, which were primarily utilised for the construction of a Satsang
Bhawan, forming an integral part of its charitable objectives. It was
further explained that due to financial constraints, other charitable
activities could not be undertaken on a large scale at the initial stage. It
was also placed on record that the construction of the Satsang Bhawan had since
been completed and that charitable activities, including Satsang, had
commenced.
The
Income Tax Appellate Tribunal observed that utilisation of funds for
construction of charitable infrastructure aligned with the objects of the trust
cannot be construed as absence of charitable activity. The Tribunal accepted
the explanation regarding paucity of funds and took cognizance of the fact that
charitable activities had begun after completion of construction.
Accordingly,
the Tribunal held that rejection of registration solely on the ground of
non-commencement of substantial activities was unjustified. The impugned orders
passed by the Commissioner (Exemptions) were set aside, and directions were
issued to grant registration under Section 12AB and approval under Section
80G(5). Consequently, both appeals of the assessee were allowed.
SOURCE
LINK:
https://itat.gov.in/public/files/upload/1767606794-JADCwk-1-TO.pdf
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