2008 (10) TMI 80

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....hika Suri, R. S. Khosla, Amit Goyal, S. P. Garg, R. P. Sawhney and Saurav Khurana for the respondent. JUDGMENT The judgment of the court was delivered by ADARSH KUMAR GOEL, J.- The Commissioner of Income Tax, Ludhiana, has preferred this appeal under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal, Amritsar Bench, Amritsar passed in I.T.A. Nos. 1....

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....ier granted exemption under Section 10(20A). On account of amendment dated 01.04.2003, the assessee applied for registration under Section 12A(b)(ii), which was declined. The Tribunal upheld the claim of the assessee and held that activities of the Trust were charitable. The finding recorded by the Tribunal is as hereunder:- "A perusal of the above Section 22 of the Punjab Town Improvement Trust ....

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....circumstances, granted registration to the Improvement Trust, Jalandhar, vide order dated 12/13-4-2006, holding that the activities of that trust were with an object of "general public utility". Similarly, registration was also granted to the Improvement Trust, Sangrur and the Improvement Trust, Patiala." 3. We have heard learned counsel for the parties and perused the record. 4. Learned counse....