2014 (1) TMI 1834

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed against the order of the CIT(A)-I, Nagpur, dated 30.03.2012, relating to A.Y. 2008-09. 2. In this appeal, the Revenue has raised the following grounds: "1. On the facts and in the circumstances of the case and in law, whether the Ld. CIT(A) is correct in holding that the assessee is deemed to have been granted registration u/s. 12AA of the I.T.Act. 2. On the facts and in the circumstances .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... see on the new stadium at Jamtha as application of income for charitable purpose to the extent that this infrastructure was utilized by the assessee for its commercial purposes such as running a club, giving shops on rent etc. 6. On the facts and in the circumstances of the case and in law, the Ld. CIT(A) ought to have denied the benefit of exemption u/s. 11 and 12 of the Income tax Act. 1961 an .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X