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2016 (2) TMI 560 - AT - Income TaxGrant of registration u/s 12AA rejected - Held that:- If similar institutions having similar objects have been granted registration under section 12AA of the Income Tax Act, 1961, there is no justifiable reason as to why the assessee should be deprived from availing of such benefit. In the aforesaid facts and circumstances, we set aside the impugned order of the learned Director of Income-tax (Exemptions) and remit the matter to the Ld. DIT (Exemptions) to verify this aspect and if it is found that similar institutions in other places having similar objects have been granted registration under section 12AA, he may consider granting registration under section 12AA of the Act to the assessee. The learned Director of Income-tax (Exemptions) must afford reasonable opportunity of being heard to the assessee in the matter. - Decided in favour of assessee for statistical purposes.
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