Registration of Trust u/s 12A of Income Tax cannot be Rejected due to Delay Occured to Approve Amendment in Memorandum and Bye Laws: Kerala HC

The Kerala High Court held that the registration of a trust under Section 12A of the Income Tax Act cannot be rejected due to a delay that occurred in approving amendments to its memorandum and bye-laws. The court reasoned that the delay in the approval process, which was not attributable to the trust itself, should not prejudice its right to registration and the associated tax benefits, provided other conditions for registration are met.