Case Law Details
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 generated from such small premises. Thus, apparently the Ld. CIT (Exemptions) was having doubts regarding the genuineness of the activities but instead of having the same verified, he chose to straightway refuse the grant of registration. As per the opinion of ITAT, this was not correct.
Therefore, ITAT deem it fit to restore the issue to the file of the Ld. CIT (Exemptions) for reconsidering the assessee’s application.
FULL TEXT OF ORDER AND JUDGEMENT OF ITAT
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Author Bio
Muze 12A registration fee and from information dejiye … thanks