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TMI Blog2016 (3) TMI 1447X X X X Extracts X X X X X X X X Extracts X X X X ..... ORDER PER T. S. KAPOOR (AM) : This is an appeal filed by assessee against the order of learned CIT(A) dated 23.05.2014 for Asst. Year. 2011-12. 2. The assessee has raised three grounds of appeal, however the crux of grievance of assessee is action of learned CIT(A) by which he had confirmed the order of Assessing Officer denying the benefit of exemption U/s 11 of the Income Tax Act, 1961. 3. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aside and therefore, the assessee is eligible for exemption U/s 11 as the only ground taken by the authorities below for not considering the claim u/s 11 was cancellation of registration U/s 12A(a). 6. The learned DR, on the other hand, relied upon the order of authorities below. 7. We have heard the rival parties and have gone through the material placed on record. The learned Counsel for the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ble ITAT, Amritsar. 5.2 I have considered the observations of the Assessing Officer as made by him in the assessment order. As huge demand is involved in the case of assessee society, the appeal filed by the assessee society cannot be kept in abeyance. I do not think that filing of appeal before the Hon'ble ITAT, Amritsar against order of Ld. CIT-II, Jalandhar is a valid ground for keeping the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the fact that the exemption granted to the assessee society under section 12A(a) of the Act has been cancelled by the Ld. CIT-II, Jalandhar vide his order dated 24.10.2013, I am having no hesitation in confirming the assessment made by the Assessing Officer as the sole ground for claiming exemption under section 11 & 12 was the grant of registration under section 12A(a) of the Act which stands can ..... X X X X Extracts X X X X X X X X Extracts X X X X
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