2022 (12) TMI 169

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.... registration under section 12AA(1)(b)(ii) of the Act. 2. At the outset it is noticed that there is a delay of 73 days in filing the present appeal as pointed out by the Registry. 3. During the course of hearing the Ld. AR submitted that due to COVID-19 pandemic the appeal could not be filed in time and the matter is squarely covered by the decision of Hon'ble Supreme Court wherein the limitation period has been extended. 4. The Ld. DR did not raise any specific objection. Hence in view of the fact the appeal could not be filed within the stipulated time frame due to COVID-19 pandemic and in view of the limitation period extended by the Hon'ble Supreme Court, the delay so happened in filing the present appeal is hereby condoned and....

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....alance sheet which should have been taken as income in the Income & Expenditure account and it was held that the corpus fund shown by the assessee society during the F.Y. 2019-20 and for any other previous years is the income of the applicant and same become liable to pay tax. It was held by the Ld CIT(E) that before the grant of registration, all voluntary contributions including the ones with specific direction that they shall form part of the corpus are the income of the trust. In this regard, it was submitted by the ld AR that it is not a case where the receipts of the assessee society were found unaccounted by the Ld CIT(E) and how certain receipts are accounted for in the financial statement and whether there is any tax liability ther....

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.... drawn that the objective of the assessee society being charitable in nature have been duly examined by the Ld. CIT(E). 8. We have heard the rival contentions and purused the material available on record. The provisions of section 12AA provides that the CIT(E) after receipt of application and calling for such documents and information as he thinks necessary and after making such enquiries as he may deem necessary and after satisfying himself about the objects of the assessee society and the genuineness of its activities shall pass an order in writing registering such society and where he is not so satisfied, shall again pass an order in writing refusing to register the assessee society. In light of the same, we find that there is a clear....