S.13 Can Only Be Examined During Assessment, Not at Registration u/s 12A of the Act: ITAT set aside CIT(E) order

The ITAT ruled that Section 13 of the Income Tax Act, which pertains to taxation of certain income for trusts and charitable organizations, can only be invoked during the assessment process, not at the time of registration under Section 12A. The order set aside a previous decision by the Commissioner of Income Tax (CIT), clarifying the procedural boundaries of when specific tax provisions apply. This decision will impact the registration and tax exemption processes for charitable entities.