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TMI Blog2017 (3) TMI 48X X X X Extracts X X X X X X X X Extracts X X X X ..... e Respondent-Institutions do not satisfy the meaning of charitable purpose as given in Section 2(15) - ITAT allowed claim - Held that:- Nothing has been shown to us as to how the impugned order of the Tribunal is not in accordance with law. The exercise of power under Section 12AA(3) of the Act can only be done, if atleast one of the two conditions specified therein, are found to be satisfied by t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 961 (the Act), challenge the common order dated 19th September, 2013 passed by the Income Tax Appellate Tribunal (the Tribunal). 2. The common impugned order dated 19th September, 2013 has allowed the three Appeals filed by three different institutions, setting aside the cancellation of its registration as a trust, by the Commissioner of Income Tax. The Revenue has filed two appeals from the co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Respondent-Institutions do not satisfy the meaning of charitable purpose as given in Section 2(15) of the Act. The cancellation was on account of the fact that it provided vocational training and not education. 5. Being aggrieved, the Respondent-Institution carried the issue in Appeal to the Tribunal. The Tribunal by the impugned order held that power can be exercised under subsection 3 of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion under Section 12AA of the Act, granted to the two institutions. 8. Nothing has been shown to us as to how the impugned order of the Tribunal is not in accordance with law. The exercise of power under Section 12AA(3) of the Act can only be done, if atleast one of the two conditions specified therein, are found to be satisfied by the Commissioner of Income Tax. This satisfaction of any of the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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