Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2012 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (4) TMI 421 - ITAT DELHIRejection for registration under sec. 12A – Held that:- It is not ascertainable as to how the activities of the assessee are not genuine - the only reason that marginal surplus at 21.4% over the gross receipts in A/Y 2008-09 would not establish as to how the activities of the assessee could not be put to a test of genuineness and not to be a consideration for rejecting the application for grant of registration - allow the appeal of assessee and direct the Learned CIT to issue registration certificate in accordance with law - in favour of assessee.
|