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No Section 11 exemption denial if cancelled registration was restored
Case Law Details
- Case Name
- Amateur Riders’ Club Vs ADIT (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2009-10
- Courts
- All ITAT, ITAT Mumbai
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Amateur Riders’ Club Vs ACIT (ITAT Mumbai)
Conclusion: Once the cancellation of registration had been set aside and registration granted under section 12A had been restored by the Tribunal, CIT(Appeals)’s decision for disallowance of exemption under section 11 became redundant, hence, had to be set aside.
Held: Assessee had come into existence in the year 1974 and was also granted registration under section 12A by recognizing it as a charitable institution. Till assessment year 2008–09, assessee’s claim of exemption under section 11 had been allowed by AO. However, in ...
