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2019 (5) TMI 770 - AT - Income TaxExemption u/s 11 - Registration and approval u/s 12AA and 80G denied - applicant company has been established to comply with the CSR obligations thus no charitable activities u/s 2(15) - HELD THAT:- Merely because of the fact that the applicant company has been established to comply with the CSR obligations, the registration u/s 12AA cannot be denied, particularly when CSR activities are also charitable activities as defined under the Act. See PROCESS-CUM-PRODUCT DEVELOPMENT CENTRE, MEERUT VERSUS ADDL. CIT, CIRCLE 2, MEERUT [2019 (2) TMI 1129 - ITAT DELHI] Following the decision in case cited as Nanak Chand Jain Charitable Trust vs. CIT (2018) [2018 (2) TMI 874 - ITAT DELHI] and CIT vs. IILM Foundation Academy – [2016 (9) TMI 920 - PUNJAB AND HARYANA HIGH COURT] we are of the considered view that imparting “skill development training”, by the applicant company which is also a flagship project of the Government of India for sustaining its growth rate and to create the pool of skill worker to further enhance its growth and development is a charitable activity following within the definition education u/s 2(15) entitling the applicant company for registration u/s 12AA of the Act and consequent approval u/s 80G of the Act, hence both the appeals filed by the applicant company are allowed directing the CIT (E) to provide registration u/s 12AA to the assessee and grant consequent approval u/s 80G of the Act. - Decided in favour of assessee.
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