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2020 (2) TMI 787 - AT - Income TaxExemption u/s 11 - cancellation/ withdrawal of registration u/s 12A(1)(a) - Charitable activity u/s 2(15) - Exemption denied on the ground that the purchase and sale of milk, milk product, cattle feed etc. does not come under the object of the assessee trust - HELD THAT:- There is no dispute about the activities being carried out by the assessee trust and it has maintained 11 Gaushalas and 14 Famine Relief Centres which is the main and pre-dominant object of the assessee trust. Hence, the impugned order passed by the ld. CIT(E) is based on the presumption of incorrect facts that the activities of the assessee trust are not in accordance with the object of the assessee trust. CIT(E) has even not taken into consideration the fact that the assessee is maintaining various Gaushalas and Famine Relief Centres and also carrying out various activities of imparting education and training. The assessee trust is also engaged in the activities of research and development of medicines by the use of cow products. Therefore, the findings of the CIT(E) is contrary to the undisputed facts regarding the objects of the assessee trust and the activities of the trust are being carried out for attainment of main objects of the trust. Hence impugned order of the CIT(E) is set aside and grant of registration u/s 12A is restored. Thus the appeal of the assessee is allowed.
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