In the result, both the appeals of the assessee are allowed for statistical purposes
Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Das Gupta(Hybrid Hearing) I.T.A. No. 182 & 235/Asr/2025 Assessment Year.: 2024-25 Muktisar Welfare Club, Near Vs. Ito, Ward-2(2), Manga Petrol Pump Ajit Muktsar. Cinema Road, C/O Rinku Pharma Muktsar, Muktsar, Punjab. [Pan: Aadam2794B] (Respondent) (Appellant)
1-3 of Case Law PB) Section 12A, read with section 12AA, of the Income-tax Act, 1961 - Charitable or religious trust - Registration of (Rejection of application) - Assessee-company, a non-profit company, applied for registration under section 12AA - Commissioner (Exemption) found that application was furnished under section 12A(l)(ac)(vi) which was not applicable to assessee since deduction