2020 (1) TMI 1299

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ent : Smt. U.Mini Chandran,Sr.DR ORDER This appeal by the assessee is directed against the order of Commissioner of Income Tax (Appeals)-1, Guntur, dated 31/07/2015 for the Assessment Year 2006-07. 2. Facts of the case, in brief, are that assessee is a religious charitable trust, filed its return of income declaring NIL income after claiming the excess of income over expenditure of Rs. 26....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ade an application for registration of the trust or institution in the prescribed form and in the prescribed manner to the Principal Commissioner or Commissioner before the 1st day of July, 1973, or before the expiry of a period of one year from the date of the creation of the trust or the establishment of the institution, whichever is later and such trust or institution is registered under sectio....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2006-07 and as per the 9th proviso to section 10(23C), assessee is eligible for registration from A.Y. 2006-07 onwards. 5. On the other hand, ld.DR strongly supported the orders passed by the authorities below. 6. We have heard both the parties, perused the material available on record and gone through orders of the authorities below. 7. There are two issues involved in this appeal. The....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... count also assessee is not having any case. So far as second issue which relates to section 10(23C) is concerned, the assessee has not filed any details in respect of approval of section 10(23C), therefore ld. CIT(A) has denied the exemption and confirmed the order of the Assessing Officer. Even before us, the assessee has not filed any details in respect of 10(23C) for grant of approval, therefo....