Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (3) TMI 79 - AT - Income TaxRegistration u/s 12AA rejected - there was no cogent or corroborative evidence to prove the genuineness of activities - Held that:- The fact remains that the assessee had filed copies of audited balance sheet and income and expenditure account as at 31st March, 2016 and had also filed copies of income tax return which clearly establish that assessee was rendering the services which are charitable in nature. Therefore, this finding of CIT (Exemptions) that genuineness of the activities could not be verified is not based upon the facts. The argument of Learned D. R. that books of account and vouchers were not produced does not carry any force in view of the specific letters written by assessee on 02/11/2016, 10/10/2016 whereby the assessee had produced books of account and vouchers etc. In the present case, undoubtedly the objects of the assessee are charitable in nature and the assessee is rendering services for achievement of its objects as given in the Memorandum and Articles of the Samiti. Therefore, the registration cannot be denied by holding that the activities of the assessee were not genuine. In view of the above, CIT (Exemptions) is directed to grant registration to the assessee u/s 12AA of the Act. - Decided in favour of assessee.
|