Quantum Of Expenditure Not Relevant for Purposes of S.12AB Registration: ITAT Holds Genuineness of Object, directs to Grant Registration

The ITAT has held that the "quantum of expenditure" is not relevant for the purposes of Section 12AB registration, and has directed the authorities to grant registration based on the "genuineness of object." Section 12AB deals with the registration of charitable trusts and institutions for income tax exemption. This ruling clarifies that the amount spent by a trust is less important than the authenticity and charitable nature of its objectives. The ITAT's decision provides relief to charitable organizations, emphasizing a focus on their genuine purpose rather than strict spending thresholds.