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Income Tax Appellate Tribunal, CIRCUIT BENCH AT MANGALORE
Before: SHRI INTURI RAMA RAO & SHRI SUDHANSHU SRIVASTAVA
This is an appeal filed by the assessee directed against the order of the Director of Income-tax (Exemption) dated 31/03/2016 rejecting registration u/s 12AA of the Income-tax Act,1961 [‘the Act’ for short] on the ground that the appellant has not filed information called for by him for considering the objects of the trust. During the course of hearing before us, learned counsel for assessee submitted that the assessee could not comply with the notice issued by the Director of Income-tax Page 2 of 2 (Exemption) owing to the reason that there is change of incumbent etc. and one more opportunity may be granted to the assessee-trust to comply with the notice issued by the Director of Income-tax (Exemption).
Learned DR has no serious objection for remanding the matter back to the Director of Income-tax (Exemption) for de novo consideration. In the circumstances, we remand the matter to the Director of Income-tax (Exemption) for de novo consideration.
In the result, the appeal filed by the assessee is partly allowed for statistical purposes.