M/S. MADHYA PRADESH CRICKET ASSOCIATION,INDORE vs. THE DCIT 1(1), INDORE
In the result, the appeal filed by the Assessee is dismissed and consequently the order of the Ld
ITA 782/IND/2014[2012-13]Status: DisposedITAT Indore14 Jun 2017AY 2012-13
Bench: Shri Chandra Mohan Garg & Shri O.P.Meenaassessment Year: 2012-13 Madhya Pradesh Cricket Dcit, 1(1), Association Indore बनाम/ Holkar Stadium, Vs. 7, Race Course Road, Indore (Appellant) (Revenue ) P.A. No.Aaatg3527C Appellant By Shri Anil Kamal Garg & Shri Arpit Gaur (Ar) Revenue By Shri Lal Chand (Cit-Dr) Date Of Hearing: 21.03.2017 Date Of Pronouncement: 14.06.2017
Section 13Section 2Section 2(15)
230 ITR 945 (SC). The Hon’ble Supreme Court has held that an organization has to get itself registered u/s 12AA in order to avail exemption u/s 11 but whether the income of the organization can be regarded as being held for charitable purpose, requires investigation of facts and the High Court cannot in Writ proceedings, grant exemption
