2011 (12) TMI 246

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....pondent. JUDGMENT P. Jyothimani, J. - The Revenue has preferred these tax case appeals as against the common order dated 8.2.2011 passed by the Income Tax Appellate Tribunal 'A' Bench, Chennai, in I.T.A.Nos.1468 and 1469/Mds/2010, suggesting the following substantial questions of law: "Whether on the facts and circumstances of the case, the Tribunal was right in directing to grant regi....

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....n was raised before the Tribunal that the contents of Section 12AA are different, the Tribunal, in our view, has correctly held that it is only a procedural difference. 4. A reference to Section 12AA of the Act would show that at the initial stage, there is an obligation on the part of the authority to find out and give his opinion about the genuineness of the activity of the Society/Trust. Ina....

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....all walks of life - social, commercial and personal and wherein people of different cultures live in peace and harmony with one another and by bringing them together with a view to increase gainful employment of all through expansion of production of goods and services for domestics and overseas markets thereby raising living standard of society at large. (f) To provide for arbitration in respe....