2021 (11) TMI 88

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....ssessee trust directed against the order of Ld. Commissioner of Income Tax (Exemption), Pune passed u/s. 12AA(1)(b)(ii) of the Income-tax Act, 1961 (hereinafter referred to as 'the Act') dated 30.09.2020 denying grant of registration u/s. 12AA of the Act. 2. Brief facts of the case are that the appellant is a company registered u/s. 25 of the Companies Act, 1956 in the year 2012. It is fo....

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...., the ld. CIT(Exemption) drew an inference that the activities of the trust are not genuine, accordingly, denied the grant of registration vide letter dated 30.09.2020. 3. Being aggrieved by the order of the ld. CIT(Exemption), the appellant company is in appeal before us. 4. The ld. Counsel Shri S.G. Bhutadu submits that the ld. CIT(Exemption) was not justified in denying the grant of registrat....

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.... We have heard rival submissions and perused the material on record. The solitary issue in the present appeal relates to the validity of justification for denial of grant of registration u/s. 12AA of the Act. During the course of proceedings before the ld. CIT(Exemption), Pune, the appellant company was called upon to file certain information as to the details of expenditure incurred by it in the ....