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2021 (9) TMI 1096 - AT - Income TaxExemption u/s 11 - denying for registration u/s 12AA - As per revenue assessee not furnished details of receipts and payments as reflected in the bank statement - activities of the assessee is not genuine as there is large cash deposits and the same is immediately transferred to one Mehul C Shah and Amee/ vesu Refrigeration and that the camp picture are not of HN Hospital - HELD THAT:- Assessee was filed application under section 12AA and furnished required details alongwith application. The assessee-trust again in response to show cause notice filed its reply on reply dated 23.05.2017. The reply of assessee is duly acknowledged by Ld. PCIT(E) in its order. We find that the assessee instead of filing detail explanatory submission relied on various documents furnished alongwith original application. PCIT(E) again issued final show cause notice dated 01.08.2017 seeking various details as mentioned therein. The assessee instead of giving para-wise reply filed as short and cryptic reply dated 26.08.2017, which was received by Ld. PCIT(E) on 29.08.2017. PCIT(E) rejected the application of assessee by taking view that assessee-trust failed to file documentary evidence about the genuineness of activities in consonance with object. Considering the fact that the assessee-trust has furnished almost or requisite detail vide reply dated 26.05.2017, the Ld. PCIT(E) instead of referring all those documentary evidence rejected the application of the assessee-trust - We set aside the impugned order of Ld. PCIT(E) and restore the mater back to the file of Ld. PCIT(E) for considering the application afresh - Appeal of assessee is allowed for statistical purpose.
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