2008 (1) TMI 14

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....elhi Bench (D) in ITA No.5455 /Del/2004 relevant for the Assessment Year 2004-2005. 2.   The Assessee was denied registration under Section 12AA of the Income Tax Act, 1961 (for short the Act). The Income Tax Appellate Tribunal went through the Memorandum of Association of the Assessee as well as its aims and objects and thereafter, on the facts of the case, came to the conclusion tha....

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....d that the Assessee could be classified as an association for a charitable purpose as defined in Section 2(15) of the Act which includes objects of general public utility. Consequently, the Tribunal allowed the appeal of the Assessee. 4.   Learned counsel for the Revenue has relied upon Commissioner of Income Tax v. BEL Employees Death Relief Fund and Service Benefit Fund Associations....