2012 (8) TMI 1044

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ara Rao, Accountant Member: This appeal by the assessee is directed against the order of the Director of Income-tax(Exemption) Hyderabad dated 27.2.2012, passed under S.12AA(1(b)(ii) of the Income-tax Act, 1961, rejecting the application of the assessee in Form 10A for registration under S.12A of the Act. 2. At the outset, the learned counsel for the assessee mentioned that the impugned or .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... pugned order of the Director of Income-tax(Exemption) and other material available on record. We find merit in the argument of the learned counsel. Accordingly, we set aside the impugned order of the Director of Incometax( Exemption) and restore the matter to the file of the Director of Income-tax(Exemption) to take into account the above facts as to the amended regulations and the newly elected b .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s of charitable nature, which, in the earlier round, was not accepted, as per the discussion given in paras 6 and 7 of the impugned order. Considering the totality of facts and circumstances of the case and these statements of the learned counsel before us, we direct the Director of Income-tax(Exemption) to give reasonable opportunity to the assessee to furnish all the requisite information called .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X