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Investments In Mutual Funds Not A Basis To Conclude Activities Of Trust Are Not Genuine: Pune ITAT Restores Registration U/S 12A

On finding that entire proceeding was based on the covenants of the trust deed but not on the actual activities carried out by the appellant trust, the Pune ITAT set aside the order passed by CIT(E). ....

Inturi Rama Rao , Percy Pardiwala , Partha Sarathi Chaudhury , Institute Management Committee Of Industrial Training , Income Tax Act , Judicial Member , Accountant Member , Institute Management Committee , Industrial Training Institute , Pune Itat , Mutual Funds Investment , Trust Registration , Ection 12a Income Tax Act ,