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2012 (7) TMI 561 - HC - Income TaxDenial to grant approval u/s 10(23C)(vi) - petitioner is a society registered under the Societies Registration Act - Held that:- As the petitioner has been approved in the past for the purposes of Section 10(23C)(vi) and it has also been approved for the purposes of Section 80G and hitherto no fault has been found in the manner in which the books of accounts have been maintained and expenses and payments have been made. The registration under Section 12A continues to remain in force - the suspicious approach of the respondent towards the evidence adduced by the petitioner without noticing the crucial facts such as payment by cheques etc., it seems to us that the respondent was not justified in law in readily inferring that the petitioner manipulated and fabricated its books of accounts and vouchers and also debited personal, bogus and exaggerated expense - in favour of assessee.
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