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TMI Blog2018 (9) TMI 1950X X X X Extracts X X X X X X X X Extracts X X X X ..... imed is being used for maintenance and development of Shree Durga Mata Mandir which is a religious place visited by the devotees and open to all. No justification on the part of the Ld. CIT(E) for rejecting the application of the assessee society for registration u/s 12A - CIT(E), therefore, is directed to grant registration to the assessee society from the date of application i.e. from 16.9.2016 onwards. The appeal of the assessee society is accordingly treated as allowed. - ITA No. 914/CHD/2017 - - - Dated:- 7-9-2018 - Shri Sanjay Garg, Judicial Member And Ms. Annapurna Gupta, Accountant Member Appellant by: Sh. Sudhir Sehgal, Advocate Respondent by: S/Sh. Ashish Gupta, CIT DR ORDER Sanjay Garg, The pre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rs i.e. 2014-15, 2015-016 2016-17. These were filed between the period from September to November 2016 to claim exemption from taxation for the aforesaid years. He further observed that the assessee could not verify with reliable evidences the value of the plot which the assessee society received as a gift from Smt. Labh Kaur daughter of Shri Rajinder Singh. Further, there was no dissolution clause in the Memorandum of Association. Further, that there was some malfeasance within the society as the President of the society had been removed and replaced. Further, that assessee society had accumulated a corpus fund of ₹ 1,25,19,852/- and assets of ₹ 1,26,30,865/- and that the society had used meager funds to achieve the aims and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hed wholly for religious purposes. It has been further explained that the corpus fund has been further applied for building of new hall / religious activities and functions, staff salary and langar activities (free food). That the corpus fund of ₹ 1,31,23,853/- as on March 31, 2017 has been duly utilized for temple premises, furnishing fittings and on utensils. 6. It is evident that the assessee society is engaged in maintenance of Mandir. There is no allegation that the Corpus fund or the surplus accumulated funds are being used for the purpose other than the aims and objects of the assessee society. The corpus as well as accumulated surplus as is claimed is being used for maintenance and development of Shree Durga Mata Mandir ..... X X X X Extracts X X X X X X X X Extracts X X X X
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