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TMI Blog2022 (7) TMI 265X X X X Extracts X X X X X X X X Extracts X X X X ..... nistry of Skill Development Entrepreneurship (MSDE) under the scheme has provided training to youths of India and falls under the category of Education and/ or Advancement of any other objects of general public u/s 2(15) Since, imparting skill development is akin to providing education we hereby hold that the assessee is eligible for registration u/s 12AA. - ITA No. 6281/Del/2019 - - - Dated:- 27-6-2022 - Dr. B. R. R. Kumar, Accountant Member And Shri Yogesh Kumar Us, Judicial Member For the Assessee : Shri Mukesh Jain, Ca, Shri Sahil Gupta, CA For the Revenue : Shri Mahesh Shah, CIT DR ORDER PER DR. B. R. R. KUMAR, ACCOUNTANT MEMBER: 1. This is an appeal filed by the Assessee against the order of the ld ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ociety being charitable in nature and the activities being genuine. 6. On the facts and circumstances of the case Id.CIT (Ex) has erred both on facts and in law in misinterpreting the facts of the case. 3. C.R. Dadhich Memorial Society (assessee) established under the Haryana Registration and Regulation of Societies Act, 2012 on 02.03.2016 with main object to render efficient services to nation, to take over, establish run and manage teacher training institutions and provide other facilities to the requiring of educational institutions in General and for handicapped and distress people in particular etc. the assessee runs skill Development training centre in affiliation with Pradhan Mantri Kaushal Vikas Yojana (PMKVY). 4. The a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d on the decision of ITAT Delhi in the matter of ESCORTS SKILL DEVELOPMENT VERSUS CIT (EXEMPTIONS), CHANDIGARH (ITA No.527/Del:/2017 And ITA No.528/Del./2017) wherein it was held that imparting skill development training by the applicant company which is also a flagship project of the Government of India for sustaining its growth rate and to create the pool of skill worker to further enhance its growth and development is a charitable activity following within the definition education u/s 2(15) entitling the applicant company for registration u/s 12AA of the Act and consequent approval u/s 80G of the Act, hence both the appeals filed by the applicant company are allowed directing the CIT (E) to provide registration u/s 12AA to the assessee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 60,506/- Reversals in bank account (As per Table No. 2) Net Credit in Bank Account 4,58,87,160/- Less: Contra Entries 6,48,000/- Less: 1,10,000/- Tender Pees received back Less: Receipt of advances given earlier years 13,05,000/- Less: Other Receipts not forming part of income 2,99,000 Net Receipts in Bank 4,35,25,160/- Add: TDS Deducted 52,01,948/- Add: Income Accrued but no ..... X X X X Extracts X X X X X X X X Extracts X X X X
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