High Court of Karnataka Dismisses Revenue Appeal in Income Tax Registration Case — Trust's Objects Held Specific and Charitable Despite Religious and Commercial Clauses. The court held that registration under Section 12A of the Income Tax Act, 1961 is a preliminary step and does not require the trust to have exclusively charitable objects; incidental commercial activity does not bar registration.
3 Jul 2015The respondent, Sri Gururaja Seva Samithi, applied for registration as a religious trust under Section 12A of the Income Tax Act, 1961 on 02.04.2008. ...




