Topic

irrevocability clause

2 articlesLatest May 2026
Section 12AB IT Act | Absence of Irrevocability Clause Cannot Disqualify Charitable Trust Registration : ITAT Mumbai
Case Law Analysis
|Income Tax Appellate Tribunal

Section 12AB IT Act | Absence of Irrevocability Clause Cannot Disqualify Charitable Trust Registration : ITAT Mumbai

ITAT Mumbai rules that the lack of an express irrevocability or dissolution clause in a trust deed does not justify rejection of registration under Section 12AB. The tribunal emphasizes substantive compliance over technical omissions, ensuring charitable trusts are not penalized for procedural gaps without statutory backing.

Section 12AB Income Tax Act | Absence of Irrevocability Clause Not Fatal for Trust Registration : ITAT Mumbai Upholds Procedural Fairness
Case Law Analysis
|Income Tax Appellate Tribunal

Section 12AB Income Tax Act | Absence of Irrevocability Clause Not Fatal for Trust Registration : ITAT Mumbai Upholds Procedural Fairness

ITAT Mumbai rules that mere absence of an explicit irrevocability or dissolution clause in a trust deed does not justify rejection of registration under Section 12AB. The tribunal directs fresh adjudication, emphasizing procedural fairness over technical omissions, impacting charitable trusts seeking tax exemptions.

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