2018 (2) TMI 41

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....the learned Commissioner of Income Tax (Exemptions) is unjust, not based on facts, not in accordance with law and arbitrary. 2. That the learned Commissioner of Income Tax (Exemptions) has not considered completely the information/evidence brought on records, in correct perspectives while denying the registration u/s 12AA of the Income Tax Act. 3. That the learned Commissioner of Income Tax (Exemption) has completely not considered the reply to show cause dated August, 3, 2016 for August 10th, 2016, while the submissions reached his office on August 10th, 2016 as per the postal records. 4. That the learned Commissioner of Income Tax (exemptions) erred while holding that the provisions of section 13(1)(c) of the Ac....

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....of the material on record from the memorandum of association (MOU), it was observed by the Ld. CIT(E) that as per the MOU of the society, there is no beneficiary clause and dissolution clause and it has neither been clarified in any clause of the deed that in case of the society becomes defunct or ceases its operations where the assets and liabilities of the society will go, therefore, the Ld. CIT(E) denied the registration to the applicant society in the absence of dissolution clause and beneficiary clause of the applicant society. 4. On feeling aggrieved against the order passed by the Ld. CIT(E), the assessee preferred the instant appeal and submitted that the order under challenge was passed on 31st August, 2016, however, a resolutio....