2020 (12) TMI 1224

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..... against the order of learned Commissioner of Income Tax (Appeals) [in short learned CIT(A)] dated 1.11.2017 rejecting the assessee's application for registration u/s. 12A of the Income Tax Act (in short 'Act'). 2. The grounds of appeal read as under :- 1) The Learned Assessing Officer is not justified in not affording another opportunity to the Appellant Trust (and to the authorized CA only) to .....

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..... harity Commissioner, Mumbai on 08.10.1988 vide registration No. F-12722(Mumbai). However due to nonsupply of details sought, the learned CIT(A) rejected this application by concluding as under :- Thus, for want of non submission of details with respect to property shown in the Balance sheet alongwith the supporting document, details with respect to loan from M/s. Samruddhi Arcade Pvt. Ltd. and t .....

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..... 013-14 and subsequent year Audit Report and Audited Income & Expenditure Account and Balance Sheet, resulting in getting audits late for the subsequent years. 2. Non Attendance by L. W. Kale, the Chartered Accountant on 13.10.2017, a date, fixed for submission of property documents and account details of Samruddhi Arcade Pvt. Ltd. as was desired from him by the office of CIT (Exemption), Mumbai .....

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..... firm of Chartered Accountants for the Re-Audit of Accounts for the FY 2013-14 and conduct the Audit of remaining subsequent years. The audits were completed on 28.10. 2019. 7. Submission of Audit Reports and Income and Expenditure Accounts and Balance Sheets and ITR's are pre-requisitions for an application for the grant of Registration U/s. 12 A of the Income Tax Act, 1961 was known to CA .....

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..... CIT(A). Learned CIT(A) shall give the assessee one more opportunity for the compliance of his queries. Thereafter he shall decide as per law. The assessee is also directed to provide full cooperation. 6. In the result, appeal by the assessee stands allowed for statistical purpose. Order pronounced under Rule 34(4) of the ITAT Rules by placing the result on notice board on 10.12.2020.
Ca .....

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