M/S MANAVTA,JAMTARA vs. CIT EXPEMPTION, PATNA
In the result, the assessee’s appeal is allowed
ITA 146/RAN/2017[17-18]Status: DisposedITAT Ranchi02 Dec 2019
Bench: Shri Pradip Kumar Kedia& Ms. Madhumita Roy
For Appellant: Shri Devesh Poddar, AdvFor Respondent: Shri Inderjeet Singh, CIT (D.R.)
Section 12A
43 taxmann.com 142 (Madras) has held as under:-
"It is not denied by the assessee that on the date of the application under section 12AA, it was yet to commence its operation. But nevertheless the genuineness of the objects of the trust were not questioned by the Commissioner. Considering the fact that the continuance of registration is further a subject
