2013 (2) TMI 915

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..... NAN, VICE-PRESIDENT This appeal is filed by the assessee. The appeal is directed against the order of the Commissioner of Income-tax-II at Tiruchirapalli, dated 21.9.2012 rejecting the application filed by the assessee for grant of renewal of exemption under sec.80G(5)(vi) of the Income-tax Act, 1961. 2. We heard both sides in detail. 3. The Commissioner of Income-tax, in paragraph 2.1 .....

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..... lopment/Food/Health Camp/Construction of building, Bank interest, etc. and the expenses relate to running of school apart from administrative expenses. The surplus for this year is ₹ 20,43,459. 4. It is to be seen that the assessee has already been registered under sec.12AA of the Act and it is continuing the registration granted under that section. Therefore, it is admitted by the depar .....

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..... stances of the case, we do not find any reason to deny the benefit of sec.80G(5)(vi) to the assessee. Accordingly, we direct the Assessing Officer to renew exemption given to the assessee under sec. 80G(5)(vi) of the Act, from the date of expiry of earlier order granting exemption. 7. In result, this appeal filed by the assessee is allowed. Order pronounced in the open court at the time of h .....

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