TMI Blog2019 (11) TMI 605X X X X Extracts X X X X X X X X Extracts X X X X ..... uring the pendency of the application under Section 12AA of the Act, detailed investigation was conducted by the Income Tax Officer (Exemptions) into all factors as are required to be considered under Section 12AA and it was only after the assessee had satisfied all the conditions that the application under Section 12AA allowed. It is also not in dispute that the conditions numerated under Section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9 of 2017 (O&M) - - - Dated:- 6-11-2019 - JUSTICE AJAY TEWARI AND JUSTICE ALKA SARIN, JJ. For The appellant : Mr. Denesh Goyal, Advocate For The Respondent : Mr. Mukul Gupta, Advocate ORDER AJAY TEWARI, J. (Oral) This appeal has been filed under Section 260-A of the Income Tax Act, 1961 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sion on the application under Section 12AA of the Act). On 30.11.2015, the application under Section 12AA of the Act was allowed. Thereafter, CIT(E) rejected the application under Section 80G by holding as follows:- 3. The general interpretation of Rule 11AA is that society should have registration under Section 12AA and be in existence active. It is also mandated tha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The request for approval u/s 80G(5)(vi) by the trust is thus rejected. 3. The assessee carried the matter up in appeal. The Tribunal noticed that during the pendency of the application under Section 12AA of the Act, detailed investigation was conducted by the Income Tax Officer (Exemptions) into all factors as are required to be considered under Section 12AA and it was only af ..... X X X X Extracts X X X X X X X X Extracts X X X X
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