The Commissioner of Income Tax-IV vs. Moschip Semiconductor Technology Ltd.,
The appeal stands dismissed
ITTA/163/2012HC Telangana26 Nov 2012
Bench: GODA RAGHURAM,M.S.RAMACHANDRA RAO
Section 11Section 12Section 12ASection 13(1)(b)
12A and
12AA of the Income Tax Act, we hold that the
grounds raised by the registering authority and
upheld by the appellate authority for rejection of
registration to the appellant Trust cannot be
sustained. The authorities could have examined
only the genuineness of the Trust and its
activities. They did not have material to hold that
the Trust
