GASS MEMORIAL CENTRE,RAIPUR vs. COMMISSIONER OF INCOME TAX ( EXEMPTION), BHOPAL
In the result, the appeal of assessee allowed
ITA 2/RPR/2019[2015-16]Status: DisposedITAT Raipur20 Sept 2022AY 2015-16
Bench: Shri Ravish Sood, Jm & Shri Arun Khodpia, Am आयकर अऩीऱ सं./Ita No.02/Rpr/2019 (ननधाारण वषा / Assessment Year :2015-2016) Gass Memorial Centre, Vs Cit(Exemption), Bhopal Ground Floor, K.K. Road, Moudhapara, Raipur Pan No. : Aabhg 3026 M (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) ..
For Appellant: Shri Kishore M. Deshpandey, CAFor Respondent: Shri P.K.Mishra, CIT-DR
Section 12Section 12ASection 143(3)Section 2(15)
charitable as not involved in carrying on of any of the activity in the nature of trade, commerce or business, thus 2nd proviso to section 2(15) cannot apply in the present case.
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10. The CBDT has issued a circular 21/2016 issued on 27.05.2016, clarifying the application of powers u/section 12AA(3) by the commissioner of Income Tax (exemptions