9911796707
TMI Blog2012 (3) TMI 129X X X X Extracts X X X X X X X X Extracts X X X X ..... - - - Dated:- 5-1-2012 - SHRI ABRAHAM P. GEORGE, SHRI GEORGE MATHAN, JJ. Appellant by : Shri R. Mahadevan, CA Respondent by : Shri K.E.B. Rangarajan, Junior Standing Counsel, O R D E R PER ABRAHAM P. GEORGE, ACCOUNTANT MEMBER : Through this appeal, assessee assails the order dated 27.5.2011 of Commissioner of Income Tax-I, Coimbatore, denying it registration under Se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... equirement of charity as envisaged under Section 2(15) of the Act. Further, according to him, the CODICIL was executed only to conceal the delay in filing the application for registration under Section 12A of the Act. He, therefore, denied the registration sought. 3. Now before us, learned A.R., assailing the order of ld. CIT, submitted that the objects of the assessee were charitable in nature, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... efit taken by the trustees from the Trust. Even if there was a delay in filing application for registration, ld. CIT could have given the registration atleast from the year of application and this could not be cited as reason for denying registration. 4. Per contra, learned D.R. strongly supported the order of ld. CIT and submitted that assessee was not doing charity. According to him, running o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... stating that the objects were generalized, ld. CIT was unable to point out any particular activity which did not satisfy the requirement of Section 2(15) of the Act. In so far as giving the land of 70 Cents on lease by one of the Trustees to the assessee was concerned, the rent was paltry, coming to ₹ 1000/- per month and for 70 Cents of land to say that such a rent, would have given any un ..... X X X X Extracts X X X X X X X X Extracts X X X X
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