TMI Blog2011 (7) TMI 1159X X X X Extracts X X X X X X X X Extracts X X X X ..... <![endif]--><!--[if gte mso 9]> ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-fareast-language:EN-US;} <![endif]--> Shri Abraham P. George, Accountant Member and Shri George Mathan, Judicial Member) For the Appellant : Shri T. Banusekar For the Respondent : Shri Anirudh Rai, CIT-DR O R D E R PER ABRAHAM P. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... did not merit renewal of approval under Section 80G of the Act. In this view of the matter, he rejected the application filed by the assessee. 3. Now before us, learned A.R., assailing the order of ld. DIT (Exemptions), submitted that assessee is a study circle of Chartered Accountants and catering to improvement of knowledge through such studies and the activities are fully educational in nat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lling within the definition of sub-section (15) of Section 2 of the Act. Hence, according to him, approval was rightly denied. 5. We have perused the order of ld. DIT (Exemptions) as well as heard the rival submissions. Assessee is a Chartered Accountants Study Circle. Admittedly, assessee was conducting courses and seminars. Assessee was also publishing and selling books of professional intere ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... since such proviso was applicable only with regard to charitable activities in the nature of advancement of object of general public utility. We are, therefore, of the opinion that the assessee was well entitled to approval under Section 80G of the Act. The order of ld. DIT (Exemptions) is quashed and he is directed to grant the assessee renewal of its approval under Section 80G of the Act as soug ..... X X X X Extracts X X X X X X X X Extracts X X X X
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