9911796707
TMI Blog2014 (1) TMI 542X X X X Extracts X X X X X X X X Extracts X X X X ..... ect clause has been amended, thus, the application filed by the assessee needs reconsideration in the light of the amendment carried out in the object clause of the assessee-society – order set aside and the matter remitted back for fresh adjudication – Decided in favour of Assessee. - - - - - Dated:- 9-5-2013 - Order B. R. Baskaran (Accountant Member).- The assessee has filed this appea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... llowing observations : "4. I have considered the application for registration as a public charitable trust. As per the memorandum of association, the intention of the Vyapari Vyavasayi Ekopana Samithi Welfare Society is to work towards the welfare of the trade/business community. In accordance with the said purpose, the society has been formed so as to benefit the trade and business need ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t, 1961. 5. In the light of the foregoing discussion, the application for registration as charitable institution filed by the trust is rejected." Aggrieved, the assessee has filed this appeal before us. Learned counsel for the assessee submitted that the assessee-society was formed initially for the benefit of trading and business community. Subsequently, the assessee-society has amended its ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... out that there is a time-gap of more than one year from the date of the order of the learned Commissioner of Income-tax and hence the learned Commissioner of Income-tax may not be in a position to grant registration from the financial year in which the application was filed by the assessee. We have heard the rival contentions and perused the record. Admittedly, the assessee-society has changed i ..... X X X X Extracts X X X X X X X X Extracts X X X X
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