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Income Tax Appellate Tribunal, COCHIN BENCH, COCHIN
Before: Shri Waseem Ahmed & Shri Soundararajan K.
Appellant by: ------- None ------ Respondent by: Shri Sanjit Kumar Das, CIT-DR Date of Hearing: 30.09.2024 Date of Pronouncement: 03.10.2024 O R D E R Per Bench This appeal filed by the assessee is directed against the order of the Commissioner of Income Tax (Exemption), Kochi dated 24.03.2023 for Assessment Year (AY) 2022-23.
At the outset, we note that the Commissioner of Income Tax (Exemption) has rejected the application for registration u/s. 12A of the Act without considering the modification of the trust deed dated 14.08.2019, particularly clauses 16 to 20 of such modified trust deed. Accordingly in the interest of justice and fair play, we set aside the issue to the file of the Commissioner of Income Tax (Exemption) for fresh adjudication as per the provisions of law after taking note of the modified trust deed, placed in the