SHARE INDIA ,HYDERABAD vs. COMMISSIONER OF INCOME TAX (EXEMPTION), HYDERABAD
In the result, this appeal of assessee is allowed
ITA 1589/HYD/2019[NA]Status: DisposedITAT Hyderabad13 May 2022
Bench: Shri K. Narsimha Chary & Shri Bhagirath Mal Biyanim/S. Share India, Hyderabad. Pan: Aacts0527J …..Appellant. Vs. Commissioner Of Income Tax (Exemptions), Hyderabad. …..Respondent. Appellant By : None. Respondent By : Shri Rajendra Kumar, (Cit-D.R.) Date Of Hearing : 29.03.2022. Date Of Pronouncement : 13.05.2022. O R D E R
For Appellant: NoneFor Respondent: Shri Rajendra Kumar, (CIT-D.R.)
Section 12ASection 2(15)
aa) or clause
(ab) of sub-section (1) of section 12A, shall—
(a) XXX
(b) after satisfying himself about the objects of the trust or institution and the genuineness of its activities, he—
(i) shall pass an order in writing registering the trust or institution;
(ii) shall, if he is not so satisfied, pass an order in writing refusing
