Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2021 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (1) TMI 466 - AT - Income TaxRegistration u/s 12AA rejected - assessee/applicant trust was registered under Bombay Public Trust Act, 1950 - assessee/applicant being engaged in education activities, verification of admissions given to the students from financially weaker sections of the society/RTE category students is most relevant but in absence of relevant details, the satisfaction about the compliance of the requirements of section 12AA(1)(a)(ii) by the assessee/applicant could not be arrived at by the Ld. CIT (Exemption) and the application for grant of registration was rejected by CIT (Exemption) - assessee submitted that when the application for registration was made by the assessee/applicant by that time some admissions of students have already been made corresponding fees collected - HELD THAT:- We are of the considered view that one final opportunity should be given to the assessee/applicant in the interest of justice. In view thereof, we set aside the order of the Ld. CIT (Exemption) dated 29.09.2020 and restore the matter back to his file for re-adjudication while complying with the principles of natural justice.
|