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![Trust cannot avail Income Tax Exemption only on the basis of Application for Registration, says Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Allahabad-High-Court-Taxscan.jpg "Trust cannot avail Income Tax Exemption only on the basis of Application for Registration, says Allahabad HC [Read Judgment]")
Trust cannot avail Income Tax Exemption only on the basis of Application for Registration, says Allahabad HC [Read Judgment]
In CIT (Exm) v. M/ S Maharishi Institute Of Creative Intelligence U.P., the Allahabad High Court held that Income Tax exemption under s. 11 cannot be...