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2015 (9) TMI 1650 - MADHYA PRADESH HIGH COURTApplication u/s 12AA rejected - Tribunal held that on the grounds indicated as the application could not be rejected, directed for grant of registration under section 12A - HELD THAT:- If the assessment made and the reasons given by the learned competent authority in the order passed rejecting the application under section 12AA(1) of the Income Tax Act, is perused, we find that the application has been rejected on merits after considering various transactions and activities of the Trust in question and not based on the activities of the Trust. That being so, the Tribunal has not committed any error in applying the law laid down in the case of DPR Charitable Trust (2011 (8) TMI 1136 - MADHYA PRADESH HIGH COURT . No substantial question of law arises for consideration in this appeal.
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