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.