Case Law Analysis
|Income Tax Appellate Tribunal
Section 12AB & 80G(5) IT Act | Prima Facie Genuineness Suffices for Trust Registration : ITAT Nagpur Overturns Rejection Over Missing Beneficiary Lists
ITAT Nagpur rules that charitable trusts cannot be denied registration under Sections 12AB and 80G(5) merely for lacking beneficiary lists or incomplete documentation if prima facie evidence of activities exists. The decision reinforces that procedural gaps alone cannot override substantive compliance, impacting trusts seeking tax exemptions.
