9911796707
TMI Blog2019 (4) TMI 833X X X X Extracts X X X X X X X X Extracts X X X X ..... rejection of the assessee’s application. It is for the assessee to determine when which of its activities in furtherance of its objects are to be taken up and when there is a requirement for donations in this regard. Grant of approval / recognition under section 80G of the Act can act as a catalyst to encourage prospective donors to look at the intended activities / objects and possibly provide financial support through donations / contributions. Strangely, in the case on hand, on the very next day i.e., 30.01.2018, the CIT(E) has granted the assessee-trust registration under section 12AA of the Act vide order dated 30.01.2018; ostensibly, after examination of the assessee’s objects, etc., which the CIT has categorized as “Advancement of a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... grant of recognition under section 80G of the Act vide the impugned order dated 29.01.2018 on the grounds that "the trust has not provided details regarding future projects of renovation / improvement of the campus or any other related object of the Trust that are intended to be undertaken. Hence the necessity for donation does not arise. 2.2 However, as far as the assessee's application for grant of registration under section 12AA of the Act, filed on 13.07.2017 (i.e., the same day as the assessee filed application for grant of recognition under section 80G of the Act), the CIT(E) by order on the next day i.e., 30.01.2018 has granted the assessee registration; copy of which has been placed at pages 9 and 10 of Paper Book filed by the ass ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Act and for recognition under section 80G of the Act were both filed before the CIT(E) on 13.07.2017. Details and clarifications thereon were called for jointly by letters of the CIT(E) and the assessee also filed its reply in this regard. It is submitted that while the CIT(E) dismissed the assessee's application for grant of recognition under section 80G of the Act vide the impugned order dated 29.01.2018, the CIT(E) however went on to grant the assessee recognition under section 12AA of the Act on the very next day vide order dated 30.01.2018. It was submitted that the CIT has rejected the assesssee's application for registration primarily on the ground that "the trust has not provided details regarding future projects of renovation / ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Trust Deed dated 24.01.2013, simultaneously filed applications for grant of registration under section 12AA and grant of recognition under section 80G of the Act on 13.07.2018. Clarifications / details were called for thereon jointly vide CIT(E)'s letters and the assessee's reply for both grant of registration under section 12AA and recognition under section 80G of the Act was filed. From the impugned order, we find that the main objection by the CIT(E) to grant of recognition under section 80G of the Act was that 'the trust has not provided details regarding future projects of renovation / improvement of the campus or any other related objects of the trust that are intended to be undertaken' and therefore, it was not a fit case for grant ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
