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2011 (4) TMI 864 - ITAT DELHIRegistration u/s 12A(a) and approval u/s 80G - cancellation of registration indulging in commercial activity - Held that:- It has been clearly brought out in the order passed by the DIT (E) that the only activity which has been performed by the assessee during the initial year is holding an exhibition from 1st March, 2008 to 4th March, 2008 in which 230 exporters had participated - No document or evidence has been placed on record by the assessee to show that any activity of such nature has been carried out by the assessee which is in the fulfilment of the objects of the society for which it has been formed - Assessee has not applied any part of its net income on the objectives stated in the memorandum of association which are claimed to be of charitable purpose which are "in advancement of any other object of general public utility". Though technically the objects of the assessee may fall within the ambit of "advancement of any other object of general public utility" as described in section 2(15) as it existed prior to assessment year 2009-10, but its claim even for assessment year 2008-09 is premature as it did not start its charitable activity in that year - it is held that for assessment year 2008-09 and for subsequent years in which the assessee does not carry out charitable activity, the assessee has been rightly refused to get benefit of registration as charitable institution - The only activity which has been carried out is for the purpose of generating income, which is not a charitable activity in itself - Decided against the assessee
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