Section 12AA registration cannot be rejected merely on suspicion

Advertisement Lady Floreance Education Society Vs CIT (ITAT Delhi) The issue under consideration is that whether the CIT(Exemptions) is correct in rejecting the application seeking grant of registration u/s 12AA of the Act? The assessee society has been running a school and that the society is also having recognition from the Department of Education. The school was being run from premises that consisted of one hall and eight rooms only and was actually situated in a Gali. The Ld. CIT (Exemptions) has observed that it was unbelievable that receipts to the tune of nearly Rs. 1 crore are gener...