2013 (1) TMI 628

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....Bhan, Advocate and Mr. Alok Mittal, Advocate for the respondent. HEMANT GUPTA, J. (Oral)   The Revenue is in appeal under Section 260A of the Income Tax Act, 1961 (for short 'the Act') arising out of an order passed the Income Tax Appellate Tribunal, Delhi Bench 'I' New Delhi (for short 'the Tribunal) on 20.08.2010 in ITA No.1168/Del/2007, in respect of registration of assessee as a cha....

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....o the donors do not contain any specific directions nor has the assessee adduced any proof that the respective donors made the donations with specific directions towards corpus. The counterfoil do not bear any even complete addresses of the donors and in most of the cases only bare names are there on the receipts and without permanent account number. Thus, it was concluded that the trust has faile....

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....ments. Learned counsel for the respondent relies upon the judgment of Delhi High Court reported as Director of Income-Tax (Exemption) vs. Keshav Social and Charitable Foundation, 278 ITR 152 (Delhi) to argue that the failure to furnish the complete list of donors does not necessarily mean donations are unaccounted money, therefore, the said factor cannot be taken into consideration to decline regi....