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2010 (2) TMI 731 - AT - Income TaxRegistration u/s 12A - non production of creditors does not effect the nature of activity (charitable activity) of the society therefore, withdrawal of registration U/s 12A granted to charitable institution cannot be said justified. Hence, withdrawal of registration is not justified as provision of section 12AA of the I.T. Act. The Learned Commissioner of Income-tax has to satisfy about the genuineness of the activities of the trust/institution and not about the income derived from such trust/institution and none of the activities or application of income has been held to be for non-charitable purpose by the learned CIT, the addition of Rs.4,03,500/- by the AO in the assessment proceedings for which the appeal is pending before the learned CIT(A) cannot be said to be an activity for non-charitable purpose and therefore, the society/institution in the present case cannot be held to be for non-charitable purpose on this ground. Decided in favour of Assessee.
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