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TMI Blog2018 (8) TMI 1197X X X X Extracts X X X X X X X X Extracts X X X X ..... EENA A PILLAI, JUDICIAL MEMBER The present appeal has been filed by assessee against order dated 20.02.2016 passed by Ld. Commissioner of Income-Tax (Exemptions), Chandigarh on the following grounds. "1. That having regard to facts and circumstances of the case, Ld.CIT(E) has erred in law and on facts in denying registration u/s 12AA of the Income Tax Act, 1961 (the Act) and that too by observ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of society is to establish, run and maintain educational institution for imparting education. Assessee Society filed an application before ld.CIT(E), Chandigarh in Form No.10A on 22.8.2015 for registration of society u/s 12AA of the Income Tax Act, 1961 (the Act). 2.1. On receipt of Application dated 28.05.2015, Ld.CIT issued Show Cause Notice. In response to notice, Representative of assessee a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ation to the applicant society. The application is hereby rejected." 3. Aggrieved by the Order of Ld.CIT, assessee is in appeal before us now. 4. Ld.AR submitted that assessee has made an agreement with Malibu Little Star Primary School P Ltd. wherein it is stated that Malibu Little Star has agreed to let out the premises to assessee on rent and assessee has agreed that. Assessee referred to a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of Ld.CIT submitted that there is no legal sanctity to agreements, as they are not registered. Further he submitted that no permanent arrangement for running proposed school has been made. 6. We have perused the submissions advanced by both the sides in the light of the records placed before us. 7. In our considered view at the time of processing application for registration under section 12AA o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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