9911796707
TMI Blog2014 (12) TMI 630X X X X Extracts X X X X X X X X Extracts X X X X ..... N Kumar: The revenue has preferred this appeal against the order passed by the Tribunal directing the Commissioner of Income Tax (Central) to grant registration under Section 12AA of the Income Tax Act, 1961 (hereinafter referred to as 'the Act') for the period as claimed by the assessee. 2. The assessee-Trust was originally constituted in the year 1991 with an intention of carrying out charitab ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the trust commenced High School section with 8th standard and the financial year ended 31.3.2002 and on 31.3.2003 they added 9th and 10th standard respectively. In the financial year ending 31.3.2006, the trust had commenced PUC in Science discipline and II PUC was commenced in the current financial year. The total strength of the students was around 945. They applied for registration under Sectio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... earned Counsel for both parties. 5. We have gone through the impugned order where the entire objects of the trust is clearly set out, the number of classes conducted by the trust and also the fact that there are 80 persons who constitute teaching and non-teaching staff in the said institution. Once the object of the trust is fulfilled, the trust cannot be denied the benefit of Section 12AA of the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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