9911796707
TMI Blog2012 (3) TMI 129X X X X Extracts X X X X X X X X Extracts X X X X ..... ABRAHAM P. GEORGE, ACCOUNTANT MEMBER : Through this appeal, assessee assails the order dated 27.5.2011 of Commissioner of Income Tax-I, Coimbatore, denying it registration under Section 12A of Income-tax Act, 1961 (in short "the Act"). 2. Assessee constituted through a Trust deed dated 17.11.2003, had made an application before ld. CIT for registration under Section 12A of the Act. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . He, therefore, denied the registration sought. 3. Now before us, learned A.R., assailing the order of ld. CIT, submitted that the objects of the assessee were charitable in nature, which in addition to education, was having other charitable purpose also. Learned A.R. submitted that the assessee was running a model school called Sri Krishna Matriculation and Higher Secondary School with classes ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for denying registration. 4. Per contra, learned D.R. strongly supported the order of ld. CIT and submitted that assessee was not doing charity. According to him, running of a school by itself was not a charity. Assessee was unable to demonstrate before ld. CIT carrying on of any charitable activities. Under Section 12A of the Act, the CIT could look into the genuineness of activities and theref ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Trustees to the assessee was concerned, the rent was paltry, coming to Rs. 1000/- per month and for 70 Cents of land to say that such a rent, would have given any undue benefit to the Trustees will be quite unreasonable. In so far as non-registration of CODICIL is concerned, there is no requirement under the law that a CODICIL should be registered. Even otherwise, late filing of the applicatio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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