Entity's Charitable Status u/s 12AA Questioned; Case Remanded for Reconsideration Due to Procedural Oversights.

Registration U/s 12AA - charitable activity OR business - Section 8 of the Companies act provides the registration of companies with charitable objects and ample safeguard has been provided to prevent to misuse of the funds and activity of such company - CIT(E) has not considered all these aspect and also not given an opportunity to reply to adverse inquiry made by AO - remanded for reconsideration .....

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