2013 (2) TMI 915

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....spondent by : Dr. S.Moharana, IRS, CIT ORDER PER Dr. O.K. NARAYANAN, VICE-PRESIDENT This appeal is filed by the assessee. The appeal is directed against the order of the Commissioner of Income-tax-II at Tiruchirapalli, dated 21.9.2012 rejecting the application filed by the assessee for grant of renewal of exemption under sec.80G(5)(vi) of the Income-tax Act, 1961. 2. We heard both side....

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....that the trust was in receipt of Donations for School development/Food/Health Camp/Construction of building, Bank interest, etc. and the expenses relate to running of school apart from administrative expenses. The surplus for this year is Rs. 20,43,459." 4. It is to be seen that the assessee has already been registered under sec.12AA of the Act and it is continuing the registration granted unde....