9911796707
TMI Blog2015 (10) TMI 2664X X X X Extracts X X X X X X X X Extracts X X X X ..... ountant Member) This is an assessee's appeal directed against the order of Ld. CIT (Exemptions)- Lucknow, dated 31.03.2015 u/s 12AA of the Income Tax Act, 1961 (referred in short as 'Act'). 2. It was submitted by the Ld. AR of the assessee that submissions filed before Ld. CIT (Exemptions) dated 31.03.2015 are available on pages 1 to 26 of the paper book, which includes receipt and payment accou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Exemptions), reply of the assessee was submitted before Ld. CIT (Exemptions) along with copy of letter of confirmation of affiliation by Wrestling Federation of India and U.P. Olympic Association. The only objection of Ld. CIT (Exemptions) is this that books of accounts and bills/vouchers have not been produced for verification. In our considered opinion, in the facts of the present case, when the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ns) that promoting Wrestling is not charitable activities. 4. Considering the entire facts of the present case, we feel that the assessee deserves registration u/s 12AA of the Act and accordingly we direct the Ld. CIT (Exemptions) to grant registration to this assessee u/s 12AA of the Act. 5. In the result, appeal of the assessee is allowed. (Order was pronounced in the open court on the date m ..... X X X X Extracts X X X X X X X X Extracts X X X X
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