Delhi HC allows IT exemption to VHP for ban period post Babri Masjid Demolition

1. This appeal by the Revenue is directed against the order dated 30th June, 2003 passed by the Income Tax Appellant Tribunal (‘ITAT’) in ITA No. 4650/Delhi/97 for the Assessment Year („AY‟) 1993- 94. 2. The background facts are that the Respondent/ Assessee filed an application on 23rd June, 1973 seeking registration under Section 12A of the Income Tax Act, 1961 (‘Act). Nearly 26 years thereafter, by an order dated 24th February 1999, registration was granted by the order of the Director of Income Tax (Exemptions) [‘DIT(E)’]. 3. Meanwhile, on 10th December 19...