2021 (2) TMI 235 - MADRAS HIGH COURT - Income Tax

Head Note / Extract:
Exemption u/s 11 - application for registration under Section 12AA rejected - assessee is not involved in any charitable activity to qualify for registration under Section 12AA - HELD THAT:- Even if the assessee is engaged in the category of activity of “object of general public utility”, they are entitled for registration under Section 12A. Therefore, we are of the considered view that the assessee can claim registration under Section 12A by categorising the activity of the assessee as “object of general public utility”. In these circumstances, we do not find any error or irregularity in the order passed by the Income Tax Appellate Tribunal. We find no ground much less any substantial question of law to interfere with the order passed by the Income Tax Appellate Tribunal. The appeal is liable to be dismissed.