2012 (8) TMI 1044

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.... Respondent by : Shri V.V.Ramana Rao O R D E R Per D.Karunakara Rao, Accountant Member: This appeal by the assessee is directed against the order of the Director of Income-tax(Exemption) Hyderabad dated 27.2.2012, passed under S.12AA(1(b)(ii) of the Income-tax Act, 1961, rejecting the application of the assessee in Form 10A for registration under S.12A of the Act. 2. At the outset, ....

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....der S.12A of the Act.. 4. We heard both sides and perused the impugned order of the Director of Income-tax(Exemption) and other material available on record. We find merit in the argument of the learned counsel. Accordingly, we set aside the impugned order of the Director of Incometax( Exemption) and restore the matter to the file of the Director of Income-tax(Exemption) to take into account th....

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....xpenditure incurred by the assessee society is wholly for activities of charitable nature, which, in the earlier round, was not accepted, as per the discussion given in paras 6 and 7 of the impugned order. Considering the totality of facts and circumstances of the case and these statements of the learned counsel before us, we direct the Director of Income-tax(Exemption) to give reasonable opportun....