ITAT Allahabad Judgments — May 2019

The Tribunal held that since the assessee's registration under Section 12AA was subsequently restored by the CIT, the denial of exemption under Section 11 was incorrect. Therefore, the additions made by the AO were rightly deleted by the CIT(A).

The Tribunal held that since the assessee's registration under Section 12AA was subsequently restored by the CIT, the denial of exemption under Section 11 was incorrect. Therefore, the additions made by the AO were rightly deleted by the CIT(A).

The Tribunal dismissed the Revenue's appeal in limine, citing a CBDT circular that mandates no appeal should be filed or pressed if the tax effect does not exceed Rs. 20 lakhs. This circular is binding on the Department.

The Tribunal held that the CIT (Exemptions) had erred in rejecting the application for approval under Section 80G(5)(vi). The Tribunal found that the assessee society was carrying out its activities as per its objectives and had been granted registration under Section 12A.