2014 (1) TMI 1666

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..... / purchasing building. Therefore, Ld. CIT(A) was not justified in rejecting the application moved by the assessee for registration under section 12AA of the Act.See Jasoda Devi Charitable Trust Vs. CIT [2010 (4) TMI 789 - ITAT JAIPUR]. - Decided in favour of assessee.
SHRI HARI OM MARATHA, AND SHRI N.K. SAINI, JJ. For The Appellant : Shri Ashish Sharma. For The Respondent : Shri A.K. Khandelwal- D.R. ORDER PER N.K.SAINI, A.M This is an appeal by the assessee against the order dated 27/09/2011 of Ld. CIT, Jaipur-II, Jaipur. The following grounds have been raised in this appeal:- "1. That the application has been rejected for none for the faults of assessee applicant. The application has been decided and rejected ex-party for no .....

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..... turned down. 7. That the applicant - appellant craves leave of this tribunal to add to amend, alter and / or subtract all or any of the grounds of appeal. 2 The only grievance of the assessee in this appeal relates to the rejection of application under section 12AA of the Income Tax Act 1961 (hereinafter referred to as "Act", in short). 3. Facts of the case in brief are that the assessee filed an application in Form-10A for seeking registration under section 12AA of the Act. Ld. CIT observed that the assessee-trust was created on 22/04/2010 having various objects such as to run medical and educational institutions, provide education, medicine, food, clothing etc. Ld. CIT observed that the objects in clause No. 7(d) & (f) were not relate .....

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..... the material available on the record. In the present case, it is noticed that the main objects of the assessee were to run medical and educational institutions, provide education, medicine, food, clothing etc. Those objects are charitable in nature and the Ld. CIT(A) did not doubt those objects, he simply doubted the ancillary objects which were relating to the purchase, acquire the land and building. The said objects are correlated with the main objects and it is difficult to carryon with the main activities without constructing/ purchasing building. Therefore, Ld. CIT(A) was not justified in rejecting the application moved by the assessee for registration under section 12AA of the Act. On a similar issue, the coordinate bench i.e. ITAT, J .....

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