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2017 (7) TMI 100 - ITAT MUMBAIRegistration u/s 12A cancelled - denying the exemption u/s 11 and u/s 12 - assessing the income under the normal provisions of Act - Held that:- As find from the copy of the assessment order for the assessment year 2013-14 dated 31.3.2016 that the department has duly allowed the exemption under section 11 and 12 of the Act to the assessee. Thus we are of the view that the deduction under section 11 and 12 of the Act cannot be denied to the assessee especially when the Registration granted by the Commissioner u/s 12A was allowed to be continued meaning thereby that the registration of the trust was continuing retrospectively. Moreover the Revenue itself accepted and allowed deduction u/s 11 and 12 of the Act in the assessment year 2013-14. In view of these facts and circumstances ground no.1 raised by the assessee is allowed.
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