TMI Blog2018 (5) TMI 640X X X X Extracts X X X X X X X X Extracts X X X X ..... hit by the proviso to Section 2(15) of the Act. This finding of fact has not been shown to be perverse in any manner. Thus, in the present facts, the question for consideration does not give rise to a question of law. Question stands concluded by the decision of this Court in North Indian Association (2017 (3) TMI 37 - BOMBAY HIGH COURT) and Khar Gymkhana (2016 (6) TMI 489 - BOMBAY HIGH COURT) aga ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an Association for Civil and Construction Industry was granted Registration under Section 12A of the Act on 24th March, 1989. For the subject assessment year, the Director of Income Tax (Exemptions) by an order dated 8th February, 2011 in exercise of his powers under Section 12AA(3) of the Act, cancelled the registration granted on 24th March, 1989 under Section 12A / 12AA of the Act. This only on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... activities should either be not genuine or not be carried out in accordance with the objects for which the registration was granted. None of the aforesaid two requirements were found wanting on the part of the respondent assessee by the Commissioner of Income Tax. In the above view, it held that the respondent assessee would not hit by the proviso to Section 2(15) of the Act, which stood amende ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... question of law. In any event, as submitted by the Revenue the question stands concluded by the decision of this Court in North Indian Association (supra) and Khar Gymkhana (supra) against the Revenue. 7. In the above view, the question as proposed does not give rise to any substantial question of law. Thus, not entertained. 8. Therefore, appeal is dismissed. No order as to costs.7 - - T ..... X X X X Extracts X X X X X X X X Extracts X X X X
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