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Facts
The assessee, Satyanand Yoga Kendra, appealed against the orders of the CIT (Exemption) rejecting their application for registration. The appeals concern Assessment Year 2024-25.
Held
The Tribunal found that the case needed to be examined afresh on merit and restored the issue to the file of the CIT(Exemption). The CIT was directed to pass a reasoned speaking order after considering the assessee's evidence.
Key Issues
Whether the rejection of the assessee's application for registration under Section 12A of the Income Tax Act, 1961, by the CIT(Exemption) was justified.
Sections Cited
Section 12A of the Income Tax Act, 1961
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, KOLKATA-PATNA ‘e-COURT’, KOLKATA
Before: Shri Rajesh Kumar & Shri Pradip Kumar Choubey
Per Rajesh Kumar, Accountant Member:- The present appeals bearing 652/PAT/2024 are directed at the instance of assessee against the orders of ld. Commissioner of Income Tax (Exemption), Patna dated 23rd September, 2024 and 24th September, 2024 respectively passed for Assessment Year 2024-25.
& 652/PAT/2024 (A.Y. 2024-2025) Satyanand Yoga Kendra
The only common issue raised in both the appeals is against the orders of ld. CIT(Exemption) rejecting the application of the Society under sub-clause (iii) of clause (ac) of sub-section (1) of section 12A of the Income Tax Act, 1961.
After hearing the rival contentions and perusing the material available on record, we feel that the case of the assessee needs to be examined afresh on merit. Accordingly, we restore the issue to the file of ld. CIT(Exemption) with a direction to pass a reasoned speaking order after taking into account the evidences/documents filed by the assessee. The assessee may file in the set aside proceedings by producing additional evidences, if any, in support of its claim. Thus, the ground raised by the assessee in both the appeals is allowed for statistical purposes.
In the result, Both the appeals of the assessee are allowed for statistical purposes. Order pronounced in the open Court on 27/03/2025.