CES Foundation , Hyderabad V. Commissioner of Income Tax(Exemption), Hyderabad

ITA 1775/Hyd/2019

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 6534 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 8 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-09-2021
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: DB-B
• Assessment Year: misc
• Appeal Filed On: 09-12-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: Y V S T SAI
• Assessee Lawyers: P MURALI MOHANA RAO
• Section: 80G; 12AA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD B BENCH, HYDERABAD. BEFORE SHRI S.S. GODARA, JUDICIAL MEMBER AND SHRI L . P . SAHU, ACCOUNTANT MEMBER (THROUGH VIRTUAL HEARING) ITA NO. 1775 /HYD/20 19 M/S. CES FOUNDATION, HYDERABAD. PAN AABTC 8199F ..APPELLANT. VS. COMMISSIONER OF INCOME TAX (EXEMPTIONS) , HYDERABAD. ..RESPONDENT. APPELLANT BY : SHRI P. MURALI MOHANA RAO. RESPONDENT BY : SHRI Y V S T SAI. (D.R.) DATE OF HEARING : 23.08 . 2021. DATE OF PRONOUNCEMENT : 03 .09 .2021. O R D E R PER SHRI S.S. GODARA, J.M. : THIS ASSESSEES APPEAL A RISES FROM THE COMMISSIONER OF INCOME TAX ( EXEMPTIONS ), HYDERABAD S ORDER DT. 30.09.2019 PASSED IN CASE NO. F. NO. CIT (E) /HYD 2 ITA NO. 1775/HYD/2019 /93(03) /80G /2018 - 19 IN PROCEEDINGS UNDER SECTION 80G(5(VI) OF INCOME TAX ACT, 1961 (THE ACT). HEARD BOTH THE PARTIES . C ASE FILE PERUSED. 2. IT TRANSPIRES DURING THE COURSE OF HEARING THAT THE ASSESSEES SOLE SUBSTANTIVE GRIEVANCE RAISED IN THE INSTANT APPEAL SEEKS TO REVERSE BOTH THE LOWER APPELLATE ACTION DENYING ITS SEC TION 80G (5) (V I ) REGISTRATION . LEARNED DEPARTMENTAL REPRESENTATIVE FAILS TO DISPUTE THAT THIS ASSESSEE IS DULY A REGISTERED TRUST/INSTITUTION AS PER CIT(E)S ORDER DT .28.4.2017 ; AFTER BEING SET UP ON 27.5.2015 FOLLOWED BY 12AA REGISTRATION APPLICATION PREFERRED ON 6.10.2016. HON'BLE APEX COURT RECENT DECISION IN LOKSEVA SANSTHAN SAMITI (2019) 105 TAXMAN.CO M 203 (SC) HOLDS THAT THE IMPUGNED REGISTRATION U/S. 80G (5) (V I ) IS A NATURAL COROLLARY TO SECTION 12AA RELIEF . WE THEREFORE DIRECT THE 3 ITA NO. 1775/HYD/2019 LEARNED CIT(E) TO GRANT THE IMPUGNED REGISTRATION TO THE ASSESSEE IN THE VERY SAME TERMS AS PER LAW. 3. THIS ASSE SSEE'S APPEAL IS ALLOWED IN ABOVE TERMS. ORDER PRONOUNCED IN THE OPEN COURT ON 3RD SEPT., 2021. SD/ - S D/ - (L .P. SAHU) (S.S. GODARA) ACCOUNTANT MEMBER JUDICIAL MEMBER HYDERABAD, DT. 03 .09. 2021. * REDDY GP COPY TO : 1. M/S. CES FOUNDATION, PLOT NO.42, 2 ND FLOOR, SAGAR SOCIETY,ROAD NO.2, BANJARA HILLS, HYDERABAD - 500 034 2. CIT (E), HYDERABAD. 3. ADDL. CIT(E), DERABAD. 4. ITO (E) - 2, HYDERABAD. 5. DR, ITAT, HYDERABAD. 6. GUARD FILE. BY ORDER SR. PVT. SECRETARY, ITAT, HYDERABAD.