2010 (11) TMI 524

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....mber:-   This appeal of the assessee arises from the order of the Commissioner of Income-tax (Central) Ludhiana, passed on September 20, 2009 under section 12AA(1)(b)(ii) of the Income-tax Act, 1961. The only substantive ground taken in this case is that the learned Commissioner of Income-tax erred in rejecting the application made by the assessee under section 12A(a) without appreciating ....

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.... was found that it contained a clause regarding running any kind of business house for the betterment of the society. The assessee was required to explain as to how it is existing solely for charitable purposes in the light of this clause. It was submitted that a resolution was passed on September 17, 2009 and submitted to the Registrar of Societies that this clause had been omitted from the objec....

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....use, it cannot be concluded that the assessee exists solely for charitable purposes. Therefore, the learned Commissioner of Income-tax (Appeals) has rightly refused registration. In the rejoinder, learned counsel submitted that the omission of the clause became effective from September 17, 2009. The learned Commissioner of Income-tax has not found anything wrong with any other object clause. There....