2015 (1) TMI 1437

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....iraj Sheth Respondent by: Shri R.N. D'Souza ORDER N.K. Billaiya, AM: With this appeal the assessee has challenged the correctness of the order of the Ld. CIT(A)-1, Mumbai dt. 15.10.2012 pertaining to A.. 2009-10. 2. The main grievance of the assessee is that the Ld. CIT(A) erred in confirming the action of the Assessing Officer of not granting the assessee exemption u/s.11 of the I.....

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....he Act. It is the say of the Ld. Counsel that now the Tribunal has granted the registration u/s. 12A of the Act, there remains no reason why exemption u/s. 11 & 12 of the Act should not be allowed to the assessee. 4. The Ld. Departmental Representative fairly conceded to this. 5. We have carefully perused the assessment order and the order of the First Appellate authority. We find that the T....