2015 (1) TMI 1437

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..... ] has set aside the order of the DIT (Exemption) and restored the registration to the assessee granted u/s. 12A of the Act. Since the registration has been restored by the Tribunal, we do not find any reason why exemption should not be allowed to the assessee. We, set aside the findings of the Ld. CIT(A) and direct the AO to allow the exemption to the assessee. Appeal filed by the assessee is a .....

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..... le purpose u/s. 2(15) of the I.T Act, 1961. 3. At the outset, the Ld. Counsel for the assessee pointed out that the issue is now well settled in favour of the assessee and against the Revenue by the decision of the Tribunal in assessee s own case vide ITA No. 325/M/2012. The Ld. Counsel pointed out that against the withdrawal of certificate u/s. 12A of the Act, the assessee had preferre .....

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..... the Act. Since the registration has been restored by the Tribunal, we do not find any reason why exemption should not be allowed to the assessee. We, set aside the findings of the Ld. CIT(A) and direct the AO to allow the exemption to the assessee. 6. In the result, the appeal filed by the assessee is allowed. Order pronounced in the open court at the time of hearing on 28th J .....

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