No denial of section 12A registration to an educational society when no adverse inference drawn on prescribed issues

Lord Shiva Educational Welfare Society Vs CIT (Exemption) (ITAT Amritsar) Conclusion: Since the jurisdiction of PCIT(E) was being limited to verification of two issues, one with regard to the ‘lease hold land’ and the second about the fee concession and on both accounts, CIT (E) had not drawn any adverse inference and, therefore, the order of CIT(E) denying the registration u/s 12AA was bad in law. Held: An application in Form No.10A was filed by assessee-society in the office of PCIT(Exp) seeking registration u/s 12A. The application revealed that the society was an ongoing entity that ha...