ACIT vs. INTERNATIONAL SCHOOL OF SOCIAL WELFARE HUMAN RESOURCES,

In the result, the appeal filed by the Revenue is allowed while the Cross Objection filed by the assessee is dismissed

Bench: Shri Sanjay Garg & Shri Rakesh Mishra

12A of the Income -tax Act, 1961(for brevity, the Act hereinafter). Nor is the society approved u/s 10(23C)(vi) of the Act by 'Prescribed Authority'. During the F.Y. 2004 - 05, relevant to the assessment year 2005-06, the assessee filed its Return of Income on 31.10.2005 on a total income of NIL. Notice