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Income Tax Appellate Tribunal, DELHI BENCH ‘G’, NEW DELHI
Before: SH. N. K. BILLAIYA & MS. ASTHA CHANDRA
This appeal by the assessee is preferred against the order of the CIT (Exemptions), Lucknow dated 18.11.20216 framed u/s. 80G (5) (vi) of the Act. 2. The substantive grievance of the assesee read as under :-
None appeared on behalf of the assessee inspite of notice we decided to proceed exparte. The DR was heard at length.
We have carefully perused the order of the CIT(Exemptions) qua this substantive grounds mentioned elsewhere. 5. We are of the considered view that the claim of the assessee that it is substantially financed by the Government cannot be brushed aside lightly. In the interest of justice we restore this appeal to the files of the CIT(Exemptions). The assessee is directed to file necessary documents / details to substantiate its claim that it is substantially financed by the Government. The CIT(Exemptions) is directed to decide the application afresh after affording a reasonable and sufficient opportunity of being heard to the assessee.
3 6. In the result, the appeal filed by the assessee is allowed for statistical purpose. 7. The order is pronounced in the open court on 30.03.2022 in the presence of both the representatives.