2013 (10) TMI 1172

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....ORDER Rajive Bhalla, J. CM No. 9341-CII of 2013 Allowed as prayed. Income Tax Appeal No.70 of 2013 The revenue challenges order dated 22.6.2012 passed by the Income Tax Appellate Tribunal, Chandigarh Bench `B' Chandigarh on the following substantial questions of law:- " i) Whether on the facts and law, the Hon'ble Income Tax Appellate Tribunal was justified in holding that the sa....

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.... law, the Hon'ble Income Tax Appellate Tribunal was justified in holding that the activities of the Trust are genuine even the trustee and their successor were long life members while being a public Trust, it can not opt for life long status for one single trustee or his heir?" (iv) Whether on the facts and in law, the Hon'ble Income Tax Appellate Tribunal was justified in accepting that the as....

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.... The Commissioner of Income Tax issued a show cause notice to the assessee for cancellation of registration. After considering the reply, the Commissioner cancelled the registration by holding that as the assessee publishes a monthly magazines to propagate the ideology of Vedas etc. for advancement of Hindu religion, it does not fall within the expression "general public utility". Aggrieved by thi....

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.... follows:- " Procedure for registration. 12AA XX XX XX (1) XX XX XX (2) XX XX XX (3) Where a trust or an institution has been granted registration under clause (b) of sub-section (1) [or has obtained registration at any time under section 12A [as it stood before its amendment by the Finance (No.2) Act, 1996 (33 of 1996)] and subsequently the Commissioner is satisfied that the activi....