2020 (10) TMI 872

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t 1. This is assessee's appeal against the order of the ld. CIT (Exemption), Lucknow, dated 16/5/2019, rejecting the application for registration under section 12A of the Income Tax Act, 1961. 2. The facts of the case are that the assessee filed an application for registration under section 12A(a) of the Income-tax Act, 1961 on 16/11/2018 with the CIT (Exemptions), Lucknow. The ld. CIT (....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e any material which could have provided an insight into the activities of the applicant. There is literally no material available on record, so as to form even the slightest satisfaction regarding the genuineness of the activities carried out, if any, by the applicant." 3. Before us, the ld. Counsel for the assessee has submitted that the assessee company is registered under section 8(5) of th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....f receipt book for the assessment years 2018-19 and 2019-20, before the ld. CIT(A). Therefore, the observation of the ld. CIT(A) that the applicant has merely submitted the MOA and no material has been provided that could throw some light upon the activities, is not correct. The ld. Counsel for the assessee has submitted that the ld. CIT (Exemptions) wrongly doubted the charitable character of the....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....laced on record) furnished the copies of balance sheet for the year ended on 31/3/2019 [APB:1-9], the details of tuition fees received, from the assessment year 2019-20 [APB:10-22], bank statement with Punjab National Bank for the financial year ended on 31/3/2019 [APB:23-33], the details of students in Mission Nursing School [APB:34 & 35] and the copies of receipt books for assessment year 2018-1....