Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2020 (9) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (9) TMI 957 - AT - Income TaxExemption u/s 11 - applications of the assessee for granting registration u/s.12AA and recognition u/s 80G - whether assessee Society was benefiting only the Doctors community, it cannot be treated as an entity imparting charitable activity? - HELD THAT:- Though the objectives of the assessee society is to encourage knowledge in a particular field of Science. Such knowledge is beneficial to the general public. Therefore, it is obvious that the object of the assessee society falls under the limb “objects of general public utility” as enshrined u/s. 2(15) of the Act. As ANESTHESIA SOCIETY, JAWAHAR NAGAR, MEERA MARG. SRI GANGANAGAR. [2018 (12) TMI 604 - RAJASTHAN HIGH COURT] we are of the view that the assessee is entitled for registration U/s. 12AA of the Act. Therefore, we hereby direct the Ld. CIT (E) to grant registration U/s. 12AA of the Act. Further, on perusing the facts of the case, we do not find that the assessee has violated any of the provisions stipulated u/s. 80G(5) of the Act. Therefore, we also hereby direct the Ld. CIT (E) to grant recognition to the assessee u/s. 80G - Decided in favour of assessee.
|