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Supreme Court of India · 2020-02-19

M/S. ANANDA SOCIAL AND EDUCATIONAL TRUST vs THE COMMISSIONER OF INCOME TAX

Citation / case number
SC 2012/5744
Court
Supreme Court of India
Petitioner
M/S. ANANDA SOCIAL AND EDUCATIONAL TRUST
Respondent
THE COMMISSIONER OF INCOME TAX
Author
HON'BLE THE CHIEF JUSTICE
Bench
HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE B.R. GAVAI, HON'BLE MR. JUSTICE SURYA KANT

Judgment text excerpt

The Supreme Court dismissed the appeals challenging the High Court's judgment regarding the registration of a newly established trust under Section 12AA of the Income Tax Act, 1961. The court found that the High Court's reasoning was consistent with the law, affirming that a trust can be registered based on its stated objectives without prior activities. The decision reinforces the interpretation of registration requirements for trusts under the Income Tax Act.

M/S. ANANDA SOCIAL AND EDUCATIONAL TRUST vs THE COMMISSIONER OF INCOME TAX · Niyam