2013 (11) TMI 974

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....ide the order passed by the CIT, Rajkot dated 10/12/2012 rejecting the application dated 12/07/2012 of the assessee for registration under Section 12A of the Income Tax Act, 1961. 2. The facts leading to the present appeal in nutshell are as under; 2.1. The assessee-trust made an application for registration under Section 12A of the Income Tax Act in prescribed Form No. 10A. The said application was accompanied with the xerox copies of the Memorandum of Association and Articles of Association of the foundation and registration certificate under the Companies Act dated 06/06/2012. It is not in dispute that the main object of the foundation is to promote, establish, develop, run, support, maintain and advance the cause of education,to g....

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....neness of the foundation and accordingly rejected the application of the assessee. 3.1. Being aggrieved and dissatisfied with the order passed by the CIT rejecting the application of the assessee for registration under Section 12A of the Income Tax Act, the assessee-trust/foundation preferred appeal before the ITAT. The ITAT vide impugned judgment and order has allowed the appeal quashing and setting aside the order passed by the CIT rejecting the application for registration under Section 12A of the Income Tax Act and directing to grant the registration to the assessee-trust/foundation under Section 12A of the Income Tax Act. Being aggrieved and dissatisfied with the impugned judgment and order passed by the ITAT, the revenue has prefer....